Yangzijiang: A New Recent Low at 1.05 seen today again..... more downside to 1.00 as mentioned?

Can the 1.05 support hold?

Sent: Wednesday, December 16, 2015 1:54 PM
Subject: *********** Yangzijiang: Breakdown below 1.08 support might not be a good sign in short term.... price 1.07

We have seen a breakdown below 1.08 support as mentioned all along. This price action is not a good sign and we may start to see some weakness towards the key 1.00 support if the 1.08 – 1.09 remains as the resistance now. Have been holding above 1.00 for more than 2 years and we should experience a technical rebound from this level so those looking to long can consider near this level. CFD SELL for aggressive traders to ride the downside with buy stop loss at 1.095. MACD still below the zero mark and starting to pull lower on today’s move with a low seen at 1.06.