Академический Документы
Профессиональный Документы
Культура Документы
1.59
61.8
1.58
1.57
1.56
50.0
1.55
1.54
1.53
38.2
1.52
1.51
1.5
1.49
1.48
Comment: Retreating from 61% Fibonacci retracement resistance. Let’s see whether the 9-day moving
average provides support as the 26-day average is a long way down. It is probably best if we were to drift sideways
for a week or two so that we get back to trendline support. Cable is no longer overbought and bullish momentum
remains strong.
Strategy: Attempt small longs at 1.5800; stop below 1.5660. First target 1.5900, then 1.6000.
Chart Levels:
Support Resistance Direction of Trade
1.5770 1.5907
1.5695 1.5970
1.5665 1.6000*
1.5545* 1.6125
1.5460* 1.6275