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- Cable is consolidating between narrow range between 1.5265 and 1.51740. It is currently trading at 1.5200.
- Short term trend is bullish as long as support 1.5170 holds. Any break below 1.5170 will drag the pair further down till 1.5130/1.5080.
- On the higher side major resistance is around 1.5262 and break above will take the pair to new level till 1.5300/1.5360 level.
It is good to buy at dips around 1.5210 with SL around 1.5260 for the TP of 1.5130
