Wednesday, September 16, 2009

UNITED WORLD CAPITAL FX Thoughts for the Day

Cable has risen during the day and is now trading above 1.6500. Immediate Resistance is seen at 1.6530. If it holds, a downmove once again below 1.6500 might pull it down towards the Support at 1.6450. With the possibility of a S-H-S on the weekly, we might expect a break.... UWCFX
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Posted by United World Capital Forex at 8:52 PM

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