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Author Topic: FX Thoughts for the Day  (Read 4618 times)
pranjali
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« on: March 17, 2010, 05:29:48 am »
FX Thoughts for the Day
         

Cable has risen sharply breaking above the Resistance at 1.5270 following the unemployment data release which showed an unexpected drop in unemployment benefit claims of 32,300 against the expected rise of 6,000. We got stopped out of our short position during the process of this rise losing 80 pips. Resistance...
         

http://www.actionforex.com/technical-analysis/daily-forex-technicals/fx-thoughts-for-the-day-20100317109058/
         
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