looks like a classic head and shoulders pattern...target 1.52..
And the chart from June..looks like we are entering wave 5 down..so even further downside possible...test the lows? 1.35?
www.iberianviews.blogspot.com/2009/06/cable.html
Technical analysis of Major Markets, F/X, and anything that can be traded This is my diary for trading Views expressed in this are only for educational purposes. They ARE NOT recommendations to BUY or SELL anything!! ALL comments and criticisms welcome.
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