Posted by millionaire | Tuesday, August 04, 2009 | | 0 comments »


cable update london session:

gu still indecision in the sideway range 1.6910-------1.7003 zone,only a true breakout above 1.7010 or true breakdown below 1.6910 sould give a clear direction for the cable.current situation seems momentum to upside is weak and need a retracement first,we need a breakdown below 1.6310 to trigger the selling pressure toward 1.6800-----1.6770 zone or lower.True breakout above 1.7015 would cancel this scenario

0 comments