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Cable rips to fresh high in late squeeze

Discussion in 'Technical Analysis' started by ForexLive, Jun 17, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    No news behind the move Traders are dumping cable ahead of the weekend. Margins are going up for a many broker next week and traders might be getting forced out. It jumped 40 pips in a couple minutes to cap a 180 pip rally.

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