Cable broke the 1.5913 October low.
The two-month low is a bearish signal but there is some support nearby at 1.5900, which is also the 50% retracement of the Aug-Sept low. Just beyond that are the 100 and 200-day moving averages.
Cable broke the 1.5913 October low.
The two-month low is a bearish signal but there is some support nearby at 1.5900, which is also the 50% retracement of the Aug-Sept low. Just beyond that are the 100 and 200-day moving averages.
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