TECHNICAL ANALYSIS

Cable slows down before 1.35 but dips continue to occur


Cable bounces after a little dip

Cable bounces after a little dip

Even 20 pip dips are happening in the cable today. This is a good sign for the Bulls but 1.35 caps the pair at the moment.

I remain a bull but I think short term trading needs to go with a break out of the last two hours range.

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