Thursday, February 26, 2015

SUPPORT TRENDLINE IN GBPUSD (CABLE) 26/02/15


• 1.5491/1.5510: the Fibonacci 50% & 71.4% area for the rising move from yesterday's European session low 1.5467 to today's Asian session 7-week high 1.5552.
• 1.5468: micro term Fibonacci 38.2% retracement, calculated for the rising move from Monday’s low & bottom 1.5332 to today's 7-week high 1.5552.
• 1.5442: micro term Fibonacci 50% retracement, calculated for the rising move from Monday’s low & bottom 1.5332 to today's 7-week high 1.5552.
• 1.5416: micro term Fibonacci 61.8% retracement, calculated for the rising move from Monday’s low & bottom 1.5332 to today's 7-week high 1.5552.
• 1.5395: micro term 71.4% retracement, calculated for the rising move from Monday’s low & bottom 1.5332 to today's 7-week high 1.5552.
• 1.5380: short term 28.6% retracement level , calculated for the whole rising move from Jan 23rd 19-month low 1.4951 to today's 7-week high 1.5552.
• 1.5322: short term Fibonacci 38.2% retracement level , calculated for the whole rising move from Jan 23rd 19-month low 1.4951 to today's 7-week high 1.5552.
• 1.5294: short term 42.9% retracement level , calculated for the whole rising move from Jan 23rd 19-month low 1.4951 to today's 7-week high 1.5552.
• 1.5252: short term Fibonacci 50% retracement level , calculated for the whole rising move from Jan 23rd 19-month low 1.4951 to today's 7-week high 1.5552.
• 1.5209: short term 57.1% retracement level , calculated for the whole rising move from Jan 23rd 19-month low 1.4951 to today's 7-week high 1.5552.
• 1.5181: short term Fibonacci 61.8% retracement level , calculated for the whole rising move from Jan 23rd 19-month low 1.4951 to today's 7-week high 1.5552.

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