Monday, July 28, 2008

1.9800

This is the last week of month, on the last 6 month the price always comes back to 1.9800 area so cable have possibility to do the same usual last 6 month thing go back to 1.9800 area in this last week of July.
Not easy to make some forecast today coz there is a nice curve showed on D1 TF and its looks weightened. I'll wait for todays price closed, if the price didn't break the last week low then i'll thing about an upward otherwise if he break the last week low then i'll think about a downward.
Closing at 1.9800 in the end of month still be my assumption, it looks nice to swing up to 2.0 area before he closed at 1.9800 area.


close at 1.9800 area?

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