5 Jan 07
Yesterday, cables continue to go south. It breaks the first support line at 1.95, as well as EMA21 by WMA5 on the daily chart.
I expect the downward trend to continue with the next support line at 1.93.
It will be good to watch hw the WMA5 behaves at EMA55. If it cuts through EMA55, the downward trend will continue.
No comments:
Post a Comment