Disliked{quote} from here I would expect cable to move a bit lower first... back to 1.2140 at least... the problem with trading now is that there is no definitive levels on most of the pairs which could be used as a basis for some longer-term trading positions in any direction... for example, there is an obvious triangle in progress on monthly eur/usd charts but since the price now is right on the middle of the formation it's impossible to establish any serious position in any direction... unfortunately we have to wait until the market comes to one of the...Ignored
Exciting times - eur/usd MMOTY changed and getting near the boarder of what could be a triangle.
ID 18.4 also.
Measure twice, cut once