Cable - Fresh Upside Attempts Probe Above 1.3400, Strong Resistance At 1.3480/1.3500 Coming...

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

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Cable holds in the upper area of near-term 1.3272/1.3416 range, following bullish close yesterday, which triggered fresh upside attempts today. Structure of near-term studies is neutral / bearish, however, overextended daily technicals with RSI emerging above oversold zone barrier, would signal fresh upside attempts.[​IMG]

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