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Cable Cracked 1.3100 Support Zone, Focus Turns Towards Psychological 1.3000 Support

Discussion in 'Technical Analysis' started by Kaitlin, Aug 29, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Cable remains in red on Monday and probed below 1.3100 handle, on extension of Friday’s fall that was shaped in bearish candle with long upper shadow. Fresh extension lower was so far contained by rising 4-hour cloud top at 1.3082, with consolidation on extended near-term studies not ruled out, before[​IMG]

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