Cable has some more falling to do. I'm gunning for 0.96, the length of "W" (weekly chart) but there are more possibilities for this pair. The good news is that they all point south, the only question is how much will it go up before it plunges again. I belief we will see a move higher before we're going down again but I'm staying in because this is in my view a nice long-term trade.
Daily chart:
Weekly chart:
