DislikedI have exited and banked 80pips from the previous sell at 1.64040, TP 1.63223. This channel support is proving tough to break and it looks like the cable will need to pull back and gather more momentum before we can push through. The second chart shows central resistance line which if it holds we may see another test of this channel support. If it break and we pass the 200ma to the upside we are likely to test the top of this channel again and maybe even test the 50% fib from last weeks sell off.
Chart3: this show the market profile over the last...Ignored
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