Thursday, August 21, 2008

Quarantine

Kinda difficult to predict see some bias down here, looks like cable were quarantine here inside 1.8700-1.8500 both are support and resistance. Break these level could give some clear direction.
Based on pattern shows up these days he have more possibility to go down. The down bias will increse if the price not break the 1.8700 level when the time Retail Sales data released.


Have a Faith and Happy Trending,


Forex Knight

50:50

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