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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.…

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  • 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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