Cable cracks 1.36 barrier in early Monday’s trading, maintaining positive stance following last Friday’s jump on well below expectations US non-farm payrolls data. Bullish setup of daily MA’s underpins the action, along with positive signal generated on Friday’s close above pivotal double-Fibo barriers at 1.3575/77 (38.2% of 1.4249/1.3161 descend and 61.8% retracement of 1.3834/1.3161 downleg), […]
The post Cable Cracks 1.36 Barrier in Extension of Advance after Disappointing US NFP Data appeared first on Action Forex.
