1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

Cable Consolidates Above Correction Low, Further Easing Not Ruled Out

Discussion in 'Technical Analysis' started by Kaitlin, Sep 8, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    Cable holds within narrow consolidation after Wednesday’s profit-taking inspired pullback that found footstep at 1.3318 (01 Sep high). Overall bias remains bullish and favors fresh upside attempts after current consolidative / corrective phase is over. Return to 1.3443 (peaks of 06 Sep) would signal fresh extension towards key barriers at 1.3478/1.3531.[​IMG]

    Continue reading...

Share This Page