Forex Daily Analysis - Friday, Sep 28th

Currency Daily Update
By RCPL FOREX

Cable strengthened to the extent of 2.0289 levels in yesterday's session. Currently cable is trading around 2.0210 levels, holding above the important cluster support around 2.0150 levels (as seen in the above chart). The 4-hourly and daily stochastic is overbought and cable may retrace to the extent of 2.0160 levels (38.2% Retracement).

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