The Cable is setting up for a big ambush short after it pierces the 50% on the hourly with a target 1.3228. If this happens it is likely that it will run down to or near yesterday’s low.
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Analysis
The Cable is setting up for a big ambush short after it pierces the 50% on the hourly with a target 1.3228. If this happens it is likely that it will run down to or near yesterday’s low.
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