The Retail Sales shows bad number on forecast and German Ifo Business Climate Index shows a lowering, those forecast can drag cable lower by the greenback but technically cable still have possibility to break 2.0150 and touch the 2.0200 resistance.
Go long would be good only after a crossing down EMA34 showed.
Have a Nice Trade
:-)
possible to break the 2.0200 resistance
Thursday, July 24, 2008
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