Cable breaks major support 1.4350, targets 1.4200

• Major Support - 1.4350
   
• Major Intraday resistance - 1.4400
   
• The pair has broken major support 1.4350 and declined till 1.4335 at the time of writing. It is currently trading around 1.4345.
   
• Short term trend is weak as long as resistance 1.4400 holds.
   
• Any break above will take the pair to next levels at 1.4450/1.4500. Short term bearish invalidation only above 1.4520.
   
• On the lower side any break below 1.4350 will drag the pair down till 1.4280/1.4260/1.4200

It is good to sell on rallies around 1.4335-1.4340 with SL around 1.4400 for the TP of 1.4260/1.4200/1.4150