Selling the Crown
Updated
The heavy selling is continuing in Cable today... What is scary is so far it has mostly been coming from the dollar side, we are yet to see the destruction via Brexit and the loss of market access.
Technically, the underlying structure remains the same...meaning breaking 1.3109 today will develop 1.280, 1.266 and beyond very quickly.
Technically, the underlying structure remains the same...meaning breaking 1.3109 today will develop 1.280, 1.266 and beyond very quickly.
Trade closed: target reached
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