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- Major resistance - 1.4190
- Cable has made a low of 1.40573 and slightly recovered till 1.41678 from that level. It is currently trading around 1.41228.
- Short term trend is still weak as long as resistance 1.4190 holds.
- Any break above 1.4190 will take the pair to next level till 1.4250/1.4300 level.
- On the lower side major support is around 1.4050 and break below targets 1.40202/1.39820.
It is good to sell on rallies around 1.4125-1.4130 with SL around 1.4190 for the TP of 1.4202/1.39825
