Cable Hit Fresh 31-Year Low On Probe Below Larger Bear-Channel Support

Discussion in 'Technical Analysis' started by Kaitlin, Oct 5, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Cable probed below larger bear-channel support and posted new 31-year low at 1.2683 on Wednesday, following Tuesday’s sharp fall that eventually broke and closed below former critical support at 1.2795 (06 July post-Brexit low).[​IMG]

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