Wednesday, February 18, 2015

SUPPORT TRENDLINE IN GBPUSD (CABLE) 18/02/15


• 1.5308: micro term 57.1% retracement level, calculated for the rising move from Thursday’s daily low 1.5209 to yesterday's 6-week high 1.5440.
• 1.5297: micro term Fibonacci 61.8% retracement level, calculated for the rising move from Thursday’s daily low 1.5209 to yesterday's 6-week high 1.5440.
• 1.5275: micro term 71.4% retracement level, calculated for the rising move from Thursday’s daily low 1.5209 to yesterday's 6-week high 1.5440.
• 1.5242: micro term 85.7% retracement level, calculated for the rising move from Thursday’s daily low 1.5209 to yesterday's 6-week high 1.5440.
• 1.5215: short term Fibonacci 50% retracement level, calculated for the rising move from February 3rd major double bottom & level 1.4989, to yesterday's 6-week high 1.5440.
• 1.5161: short term Fibonacci 61.8% retracement level, calculated for the rising move from February 3rd major double bottom & level 1.4989, to yesterday's 6-week high 1.5440.
• 1.5118: short term 71.4% retracement level, calculated for the rising move from February 3rd major double bottom & level 1.4989, to yesterday's 6-week high 1.5440.

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