- Cable has broken Intraday minor support is 1.5550 and this confirms short term bearishness , a decline till 1.5480/1.5455 cannot be ruled out.
- Intraday bullishness only above 1.5580. Any break above 1.5580 will target 1.5610/1.5630/1.5650.
It is good to sell on rallies around 1.5540-42 with SL around 1.5580 for the TP of 1.5480/1.5455
The material has been provided by InstaForex Company – www.instaforex.com