Cable declines have accelerated since the break of 1.6100 and now the 55-day moving average at 1.6043 is in the crosshairs.
There are some stops below 1.6020. A close below that level would be a clear reversal signal in my eyes.
Cable declines have accelerated since the break of 1.6100 and now the 55-day moving average at 1.6043 is in the crosshairs.
There are some stops below 1.6020. A close below that level would be a clear reversal signal in my eyes.
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