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Cable breaks major resistance 1.4400, jump till 1.4500/1.4580 is possible

  • Major resistance -1.4400
     
  • Major support 1.3450
     
  • The pair has broken major resistance around 1.4400 and jumped till 1.44253. It is currently trading around 1.43995.
     
  • Intraday trend is bullish as long as support 1.4370 holds.
     
  • On the higher side any break above 1.4400 will take the pair till 1.4450/1.4500.
     
  • On the lower side minor support is around 1.4370 and break below targets 1.4345/1.4300.

It is good to buy  at dips around 1.43700 with SL around 1.3700 for the TP of 1.4500/1.4580

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