Resistance 3: $1.6660
Resistance 2: $1.6460
Resistance 1: $1.6320
Current price: $1.5959
Support 1: $1.5960
Support 2: $1.5770
Support 3: $1.5610
Comments:
Cable continues to move lower. As the nearest support acts the area of
$1.5960/70 which represents 100 % of a projection $2.0135/1.7445 and
200 % $1.8795/1.7445. $1.5770 is 100 % a projection of decrease in
September-October, and $1.5610 represents a low August-September, 2003.
Resistance is in area of a last session high on $1.6320. Above is
possible restoration to $1,6460 and further to $1,6660 (23,6 % and 38.2
% FIBO of falling $1,7520-$ 1,6130.