Talking about INDECISIVENESS... CABLE is the KING of indecisiveness now. It has been almost 5 months consecutively ending up with Doji kind of Candle Stick (Opening and Closing price almost at the same level) ... Seems STABILIZING there... as though UK is PEGGING the rate at 1.98xx. My personal view... we got another 2 days to complete the monthly CS for May... should be Bearish CS... or Doji again
My Technical point of view... the 50% retracement is due... which is also around the Strong Support of the RED Trend Line.
T.A.Y.O.R!!!
My Technical point of view... the 50% retracement is due... which is also around the Strong Support of the RED Trend Line.
T.A.Y.O.R!!!