Hi All,
Cable is showing mixed signals lately.
Generally, my personal take on it that it is generally in a bearish down trend, to add to some fundementals which are going against it (Brexit, bad economical performance, etc.)
Possible to bounce of the 200DMA?
Is the rally in the last few days just a re-tracement? before continuing to the downside?
What do you think?
Thnx
Jad
Cable is showing mixed signals lately.
Generally, my personal take on it that it is generally in a bearish down trend, to add to some fundementals which are going against it (Brexit, bad economical performance, etc.)
Possible to bounce of the 200DMA?
Is the rally in the last few days just a re-tracement? before continuing to the downside?
What do you think?
Thnx
Jad