Tuesday, 11 June 2013

Marabuzo Line supports GBPUSD

Interesting Marabuzo line created last Thursday comes in at 1.5506 and the 3 trading days since have seen prices supported by that point.
Last week's highs haven't been tested and prices are showing a lack of clear sentiment at this point.
However with the Keltner channel mildly positive and support also provided by the 13 day ema, this Marabuzo line could become even more significant in the coming days.


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