Cable has continued falling towards the neckline of the double-top pattern. It is in a short-term down-trend, however it has reached substantial support and it may well bounce. On a longer time-frame it is broadly in a sideways consolidation which currently looks like a double-top pattern on the daily chart. The 100-day and 50-day MAs are providing support at 1.5990. If price breaks below this level, however, then it will probably move down towards the neckline at 1.5900 and perhaps the 200-day MA at 1.5875. This constitutes substantial support and may be difficult to break below, however, if it is successful then the target for the pattern is 1.5620.
Browser Anda tidak mendukung kue. Jika cookie dinonaktifkan di browser Internet Anda, Anda mungkin memiliki masalah dengan render daerah Pribadi. Cara mengaktifkan dukungan cookie.