Forex signal: Hold short for 1.5785/90 but reckon 1.5750/55
wud contain weakness. Only abv 1.5843 risks 1.5860.
Although cable's intra-day sharp retreat fm 1.58
75 to 1.5804 suggests further choppy trading below
y'day's 6-week high wud continue, susequent bounce
to 1.5843 indicates minor sideways move wud be seen
ahead of NY opening b4 prospect of another fall.
Hold short for 1.5785/90 but reckon 1.5750/55
wud contain weakness. Only abv 1.5843 risks 1.5860.
Range Forecast
1.5805 / 1.5835
Resistance/Support
R: 1.5843/1.5875/1.5896
S: 1.5782/1.5742/1.5718
wud contain weakness. Only abv 1.5843 risks 1.5860.
Although cable's intra-day sharp retreat fm 1.58
75 to 1.5804 suggests further choppy trading below
y'day's 6-week high wud continue, susequent bounce
to 1.5843 indicates minor sideways move wud be seen
ahead of NY opening b4 prospect of another fall.
Hold short for 1.5785/90 but reckon 1.5750/55
wud contain weakness. Only abv 1.5843 risks 1.5860.
Range Forecast
1.5805 / 1.5835
Resistance/Support
R: 1.5843/1.5875/1.5896
S: 1.5782/1.5742/1.5718