Cable breaks major support at 1.3940, targets 1.3835/1.3780

• Major resistance -1.4020
  
  
• Minor resistance - 1.3980
  
  
• Cable has broken major support 1.3940 and declined till 1.39140 at the time of writing. It is currently trading around 1.39278.
  
  
• On the lower side any break below 1.3940 confirms minor weakness, a decline till 1.3830/1.3780 is possible.
  
  
• Major resistance is around 1.4020 and break above targets 1.4060/1.4085. The minor resistance is around 1.3980

It is good to sell on rallies around 1.3925-1.3930 with SL around 1.3980 for the TP of  1.3835/1.3780