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Cable, No Important Bottom... Yet....

Discussion in 'Technical Analysis' started by ActionForex.com, Jan 26, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    Cable is trying to consolidate after last week's plunge to 1.3505, a level not seen in nearly 14 years. Though there is scope for another day or 2 of ranging and even slightly higher prices nearby, the recent gains are seen as a correction (wave 4 in the fall from...

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