FX

Cable breaks below support in another bearish signal

Date: Wednesday 15 Oct 2014

Digital Look technical analysts said on Wednesday that cable's chart showed a clear break below the prior decreasing low continuing the pair's bearish trend.
"In fact, we have no important supports until approximately 1.57-1.5720", they said.


"This level coincides with the 61.8% Fibonacci retracement of the entire upward move...

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