Direction:
short
Target: TP1
– 1,5470
Protection:
SL – 1,5575
Our setup:
1,5550
Background:
The Cable is still in up and down mood and doing a big range. For today we see
some options for short side testing back first the 1,5530 and the key support
level at 1,5470. Yesterday afternoon in US session we had a great marabuzu
candle and the cross was not able to close above so far that candle. The
recovery seems to us weak on the long side.
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