Breakout above range highs! | 28 11月 2013

28 11月 2013, GBP/USD

Cable has broken out above its range highs and is expected now to rally higher. After the initial breakout yesterday it came back to retest the top of the range at 1.6255, but has since pushed back up again. The bullish count calculated using the new column of 24 green crosses at the bottom of the last pull-back, generates an upside target of 1.6680, which also roughly corresponds to the width of the sideways consolidation extrapolated higher, a more conventional way of making a target. However, a nearer-term objective, would be resistance at 1.6430.
Breakout above range highs!
Mark Satcher
Analyst of «FreshForex» company
同意该评论吗?
交易员的评论:
Close
授权
您浏览器禁用cookie 文件. 在此情况下, 私人空间显示不正常. 如何启动cookie 文件的支持.