Overall View: Looking for a near-term down-trend continuation. 4 Hour Chart Flows: Short. Price Points: 1.4783, and 1.5194 Looking for: Near-term bearish price action. Momentum: The cable trend went Short on 3rd December, and has meandered sideways since then. The pair can be just as easily bought as sold.

This entry was posted on Wednesday, March 10th, 2010 at 11:00 pm and is filed under Forex Trading. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.