For now, cable is still consolidating around 1.2160-90 for the most part with buyers defending a drop beyond the 61.8 retracement level @ 1.2160.
Sellers remain in near-term control as price action continues to sit below the key hourly moving averages @ 1.2204-18. That remains the key region if buyers want to chase any upside potential later this week.
culled from forexlive.com
Sellers remain in near-term control as price action continues to sit below the key hourly moving averages @ 1.2204-18. That remains the key region if buyers want to chase any upside potential later this week.
culled from forexlive.com
Discipline is key
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