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Cable Trades In Extended Consolidation Above 1. ...

Discussion in 'Technical Analysis' started by Kaitlin, Sep 28, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Near-term action holds above 1.2913, where hourly base has formed. Subsequent bounce probed above 1.3000 barrier, with yesterday’s close above, signaling that the pair may spend some time in consolidation above 1.2913 lows. Near-term studies regained traction and support scenario. However, limited upside action is expected as overall picture remains[​IMG]

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