With over 700 pips of straight fall since July, cable may find support around these levels and correct towards 1.6600, 1.6650. 55WMA as well as long term trend lines are coming into focus on weekly base.
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Disclaimer
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.