22.10.2008 17:43

Cable tries to rebound


Reported resistance toward $1.6450 again able to counter upside pressure, this time providing a cap around $1.6440, with rate currently trading around $1.6400. A break above $1.6450 to expose stops, which if triggered expected to open a move on toward $1.6500 ahead of $1.6600. Bids remain in place back at $1.6300 ahead of stronger levels at $1.6250 ahead of $1.6200. A break under this latter level to expose decent sized stops.






Copyright © 2000-06 TeleTRADE-DJ: Forex ( форекс ) — дилинговый центр. All rights reserved