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FX Thoughts for the Day

Discussion in 'Technical Analysis' started by ActionForex.com, Jul 2, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    Cable has bounced from the low of 1.6329 and is likely to move further up. A rise past 1.6460 might take the pair further up towards 1.6600. On the downside, it has important Support near 1.6260-40 (where 1.6260 is the 200-MA on the 4H chart). A break past this which...

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