Cable breaks major support at 1.3940, targets 1.3835/1.3780
Major resistance -1.4020
Minor resistance - 1.3980
Cable has broken major support 1.3940 and this confirms minor weakness, a decline till 1.3830/1.3780 is possible .
It is good to sell on rallies around 1.3925-1.3930 with SL around 1.3980 for the TP of 1.3835/1.3780
Minor resistance - 1.3980
Cable has broken major support 1.3940 and this confirms minor weakness, a decline till 1.3830/1.3780 is possible .
It is good to sell on rallies around 1.3925-1.3930 with SL around 1.3980 for the TP of 1.3835/1.3780