1. Hello Guest Click here to check FX Binary Point Financial Directory

Cable Corrects Lower After Meeting Target At 1.4457, Upside Remains In Focus

Discussion in 'Technical Analysis' started by Kaitlin, Apr 25, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    Cable pulls back from fresh nearly one-month high at 1.4467, after gap-higher opening that cracked former barrier at 1.4457 (30 Mar spike high upside rejection). Near-term bears filled overnight’s gap and found temporary support at 1.4400, which is seen as ideal reversal point (Fibo 38.2% of 1.4297 1.4467[​IMG]

    Continue reading...

Share This Page