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- Major support 1.4320
- Major intraday resistance -1.4370
- Cable has started to retreat after making a high of 1.44266 yesterday. It is currently trading around 1.4317.
- The pair has made a low of 1.43259 yesterday and slightly recovered from that level. The level 1.4320 is acting as major intraday support and break below confirms intraday weakness , decline till 1.4250/1.4196 is possible .
- On the higher side any break above 1.4370 will take the pair to next level till 1.4400/1.4430/1.4480
It is good to sell on rallies around 1.4315-1.4320 with SL around 1.4370 for the TP of 1.4251/1.4195
