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Forex Technical Update

Discussion in 'Technical Analysis' started by ActionForex.com, Oct 21, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    Cable lost 400 pips in yesterday's trading session making a high of 1.7516 and a low of 1.7104. Immediate resistance for the pair is seen at the 21 4-hourly EMA (1.7287). Daily & hourly charts are indicating a downside thus intraday shorts can be considered at retracement. Support for the...

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