Disliked9670 is 38 fib from today's move up.
9680 has played an important resistance. Let's see if it has turned to support now. Or, what will play support in case price don't retrace to 9670s of below, today.
Makes sense, please?Ignored
Makes sense to me; as stated earlier cable was ranging between 9640 and 9690ish, with the TL around 9688. Now the TL is broken with cable bid above the 9700 level. My fibs are based on Nov 17 - Dec 1st drawn on the daily chart. Thus today's open 1.9606 for me was at the 23 fib.