Thursday, 17 June 2010

17th June Daily Cable chart


The price hit within 10 pips of the first resistance and then retraced over night (shame, would have been a good couple of trades!)
Looks like the night owls have been playing the market. Got a feeling there might be some larger movements today. Thursdays always seem to be the busiest day of the week (maybe that's just me, I don't know)
Be interesting to see if it continues on the weekly downtrend - could turn the daily trend down if it finishes lower today.

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