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 - Consolidation Is Far Capped By 1.3000, Upticks Expected On Violation, US Jobs Data Eyed

Discussion in 'Technical Analysis' started by Kaitlin, Jul 7, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Joined:
    Aug 29, 2015
    Messages:
    5,805
    Likes Received:
    0
    Cable trades in the upper side of consolidation range above yesterday's fresh 31-year low at 1.2795, with the action being so far capped by psychological 1.3000 barrier. Overall sentiment remains firmly bearish and keeps the downside vulnerable, however, extended consolidation with stronger upticks cannot be ruled out.[​IMG]

    Continue reading...
     

Share This Page