Here it is Folks, the moment we have all been waiting for
After months of testing and retesting the upper bounds of the 1.24 area. it appears that CABLE has broken out and will now begin a very solid and consistent BULL SWING. Looking forward to buying and buying again on every dip.
Fundamentally this is being set up by the incoming US recession and data weakness is starting to slowly creep into the numbers. There is nowhere to go for this currencypair but up.
***POTENTIAL FAKE OUT DURING NFP TOMORROW POSSIBLE, OVERALL OUTLOOK WILL REMAIN UNCHANGED REGARDLESS OF ANY DEEP RETEST DURING NFP***
After months of testing and retesting the upper bounds of the 1.24 area. it appears that CABLE has broken out and will now begin a very solid and consistent BULL SWING. Looking forward to buying and buying again on every dip.
Fundamentally this is being set up by the incoming US recession and data weakness is starting to slowly creep into the numbers. There is nowhere to go for this currencypair but up.
***POTENTIAL FAKE OUT DURING NFP TOMORROW POSSIBLE, OVERALL OUTLOOK WILL REMAIN UNCHANGED REGARDLESS OF ANY DEEP RETEST DURING NFP***