GXY - Downtrend continues ?

After breaking thru the $2.50 -2.65 zone (and below the long term trendline) the price is retesting that level. A break below will target the 2.05 level which is historical support/resistance. However if the general market sentiment turns negative, then $1.85 is the next support level. These are my personal observations on the price action and should not be construed as investment advice nor a recommendation to buy or sell.