On Friday, Cable tested a resistance line drawn off of the 3/14 and 3/27 highs and failed. This level is also defended by the 61.8% of 2.0191-1.9728 at 2.0014.
The failure inspires confidence in the bearish bias against 2.0191.
On Friday, Cable tested a resistance line drawn off of the 3/14 and 3/27 highs and failed. This level is also defended by the 61.8% of 2.0191-1.9728 at 2.0014.
The failure inspires confidence in the bearish bias against 2.0191.