Cable has run into resistance ahead of 1.9719 (today's Asian session base) after pushing its recovery envelope from a post-ADP employment report six-day low of 1.9618.
That recovery was reportedly fuelled by supra-national demand. 1.9719+ obstacles include 1.9739 (today's Asian session high), 1.9808 (yesterday's NY session peak), 1.9822 (Tuesday's Asian session top), and 1.9849 (last Friday's 14-year high).
No comments:
Post a Comment