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mosafer
Apr 25, 2017 10:34 PM

Strong Cable or What?!!! Break it Baby  Long

British Pound/U.S. DollarFXCM

Description

As you can see There is a strong Resistance on Fibo 61.80 (1.28500) and also the historical thick red line (1.29000) ,
If Price break them strongly, I expect price goes up to 1.30000 and higher levels, even 1.34000
it is possible in compare of weak performance of dxy during past weeks
on the other scenario price will fall down on the regression triangle (1.26000 or 1.24000)

Ps: also there is a bearish harmonic pattern and i hope it will be a false pattern
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