cable update – Rises above 1.42 as expected

A minor bullish move to 1.42+ levels as pointed out a few minutes back here Cable update – intraday tide has turned in favor of bulls has played itself out.

Cable clocked a high of 1.4203 and has slumped to 1.4182. Watch out for a drop below 1.4166. If it does, it would be a fresh sell signal in the pair.

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