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Cable - Initial Support At 1.3278 Holds Dips Ahead Of BoE

Discussion in 'Technical Analysis' started by Kaitlin, Aug 4, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Cable bounces back above 1.3300 handle, after the first support at 1.3278 (floor of near-term consolidation under fresh high at 1.3369) posted yesterday, contained corrective easing. Near-term studies are neutral/positive, while dailies remain bullishly aligned, following recent rally and break above former congestion tops at 1.3300 zone.[​IMG]

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