Cable turned bullish for some weeks ?
Examining the cable pair closely on a high timeframe made me seen
1) On Sept 4th 2015, Price has hit the Monthly trendline and started doing bullish trend
2) On Sept 4th,2015, the Price has also hit Monthly/Weekly Support ~1.51658
3) Looking at RSI, it is still in a bullish mode
Based on this, long term the price might only continue to increase toward Monthly bearish trendline ?
Comments ?
1) On Sept 4th 2015, Price has hit the Monthly trendline and started doing bullish trend
2) On Sept 4th,2015, the Price has also hit Monthly/Weekly Support ~1.51658
3) Looking at RSI, it is still in a bullish mode
Based on this, long term the price might only continue to increase toward Monthly bearish trendline ?
Comments ?
Penafian
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