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Cable - Recovery Rally Peaked Above 1.3300 Barrier, Further Upside Favored

Discussion in 'Technical Analysis' started by Kaitlin, Jul 13, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Cable posted fresh correction high at 1.3335 today, on extension of recovery phase from fresh 31-year low at 1.2795. Yesterday’s strong rally that marks the biggest one-day gains since 17 March, generated strong bullish signal for further recovery.[​IMG]

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