- Cable has broken major trend line resistance around 1.5190 which confirms short term bullishness, a jump till 1.5250/1.5288 cannot be ruled out.
- Intraday weakness can be seen only below 1.5160 and any break below 1.5160 will drag the pair till 1.5130/1.5070.
- Overall bearish invalidation only above 1.5290 level.Any break above targets 1.5340/1.5370.
It is good to buy at dips around 1.5200 -03 with SL around 1.5160 for the TP of 1.5285
