Cable faces strong support at 1.5328, break below targets 1.516
Cable has made a low of 1.5340 and slightly recovered till 1.53825. It is currently trading at 1.5336.
The pair's major support is around 1.5280 and any break below confirms short term weakness , a decline till 1.5200/1.5160 cannot be ruled out.
Intraday bullishness only above 1.5385. Any break above 1.5385 will take the pair to next target till 1.5430/1.5450.
Short term bullishness only above 1.5480.
It is good to sell only below 1.5328 with SL around 1.5385 for the TP of 1.5165
The pair's major support is around 1.5280 and any break below confirms short term weakness , a decline till 1.5200/1.5160 cannot be ruled out.
Intraday bullishness only above 1.5385. Any break above 1.5385 will take the pair to next target till 1.5430/1.5450.
Short term bullishness only above 1.5480.
It is good to sell only below 1.5328 with SL around 1.5385 for the TP of 1.5165
