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FX Thoughts for the Day

Discussion in 'Technical Analysis' started by ActionForex.com, Aug 7, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    Cable fell during the day and recorded a low of 1.6717. As mentioned in the morning edition 1.6720-6690 is the Significant Support region to watch for which includes the 55-MA on the 4-hr chart (1.6695) and the 50% retracement level (1.6993) of the recent rise from 1.6339 (29-Jul) to 1.7045...

    complete article here...

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