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FX Thoughts for the Day

Discussion in 'Technical Analysis' started by ActionForex.com, Apr 28, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    After facing Resistance at 1.9939 in the day Cable is currently trading below the 1.99 mark. If this Resistance in the region of 1.9940-50 holds and curbs any further rise towards 1.9980-2.00 (the bigger and more important Resistance), it could possibly lead to a test of 1.9650 over the week....

    complete article here...
     
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