Monthly Candle Technical Analysis
Month: April 2024
Date: 11.04.2024
Technical Report:
The spectacular decline of Cable from 1.27087 on Core CPI Wednesday is a clear indication that the turbulent fall from 1.28932 still holds sway, and it is expected to hit Monthly Support 1 1.24945. There is a high likelihood that it may even plummet below, leading to 1.24215/16 returns. Remember, if Cable manages to surge above 1.25826, it will signify a minor correction of the recent decline to 1.25196. However, it is imperative to keep the upside potential in check and below Resistance 1.26457.
Month: April 2024
Date: 11.04.2024
Technical Report:
The spectacular decline of Cable from 1.27087 on Core CPI Wednesday is a clear indication that the turbulent fall from 1.28932 still holds sway, and it is expected to hit Monthly Support 1 1.24945. There is a high likelihood that it may even plummet below, leading to 1.24215/16 returns. Remember, if Cable manages to surge above 1.25826, it will signify a minor correction of the recent decline to 1.25196. However, it is imperative to keep the upside potential in check and below Resistance 1.26457.
Goddess of Thunder..