Cable is facing trend line resistance around 1.56420 and further bullishness can be seen only above that level.Any break above would extend gains till 1.5680/1.5700 in short term.
Short term weakness only below 1.5580. Any break below 1.5580 will drag the pair to next target 1.5500/1.545 in short term.
It is good to sell on rallies around 1.5630 with SL around 1.5680 for the TP of 1.5500/1.5460.
Short term weakness only below 1.5580. Any break below 1.5580 will drag the pair to next target 1.5500/1.545 in short term.
It is good to sell on rallies around 1.5630 with SL around 1.5680 for the TP of 1.5500/1.5460.