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FX Thoughts for the Day

Discussion in 'Technical Analysis' started by ActionForex.com, Oct 27, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    Cable is testing the Resistance region mentioned in the morning. If honoured, we would expect the pair to fall towards 1.62 initially and 1.60 thereafter. If broken, the pair may move up towards 1.6550-1.6600 and beyond that it might continue within the medium term uptrend. The chances are equal. It...

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