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FX Thoughts for the Day

Discussion in 'Technical Analysis' started by ActionForex.com, Oct 15, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    The Cable has risen sharply during the day breaking above the significant Resistance at the 8-week MA (1.6170) mentioned earlier thereby increasing the chances of a trend reversal now. If the current strength on its upmove continues, we might see further rise towards 1.6350-75 which is the next significant Resistance...

    complete article here...

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