FxWirePro: Cable faces strong resistance at 1.4360, good to sell on rallies
Major resistance -1.4360 (support turned into resistance) The pair has recovered after making a low of 1.4244. It is currently trading around 1.42921. Short term trend is bearish as long as resistance 1.4360 holds. On th…
Major resistance -1.4360 (support turned into resistance)
The pair has recovered after making a low of 1.4244. It is currently trading around 1.42921. Short term trend is bearish as long as resistance 1.4360 holds.
On the lower side major support is around 1.4240 and break below targets 1.4180/1.4140.
Any break above 1.4360 will take the pair till 1.44400/1.4450 level.
It is good to sell on rallies around 1.4320 with SL around 1.4360 for the TP of 1.4240/1.4180.l
