Another week of dollar weakness pushed cable to close above the 1.4 handle. Levels to the upside will be the trend line now in place, and 23.6% retrace of 2008->2016 lows. Downside will be the long-term median pitchfork line & previous channel along with the fibs off cpi low->high.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.