I am no technical expert (and if anyone can give us some other technical analysis please do so) but we bounced off of important support 2 days ago.
If you look back to late Oct 2009 we hit resistance (at the time) of .79-82. then again in early Dec peaking at .81. Finally in mid Jan we broke through the .80 level and made a high of 1.13 intraday a few months later. This last pullback seen us come all the way back to the former resistance, which now is support at .81. And we held... Looks good to me.