Jul 16th 2007

PeterB’s daily view on cable. 16th July 07

The cable is holding up well in record territory, not giving up any ground. The bullish trend is still in favor and it looks like the 2.0600 area is now the next target. for today my trades are:-

open: 2.0360

target: 2.0450

Stop: 2.0320

Happy trading

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