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Cable breaks major support 1.4250, targets 1.4100

Cable breaks major support around 1.42500, a decline till 1.4175/1.410 is possible.

  • On the higher side slight bullishness can be seen only above 1.4300. Any break above 1.4300 will take the pair till 1.4350/1.4400.
  • Short term trend reversal only above 1.4400.

It is good to sell around 1.4245-1.4250 with SL around 1.4300 for the TP of 1.4150/1.4100

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