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FX Thoughts for the Day

Discussion in 'Technical Analysis' started by ActionForex.com, Nov 6, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    Cable traded in a narrow range through the day moving between 1.6588 to 1.6635 as the Resistance at 1.6642 continued to hold. Simultaneously it is taking Support immediately from the trendline on the hourly chart, formed by connecting the lows of 1.6260 (3-Nov), 1.6465 (5-Nov), 1.6488 (5-Nov) and 1.6588 (6-Nov)...

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