Resistance – 1.4444, 1.4479, 1.4514
Support – 1.4405, 1.4367, 1.4345-1.4330
A slight improvement in the UK international trade situation in March has not really helped Cable rally. The bird still stays below resistance at 1.4444. An upside break is needed if the pair has to test 1.4479-1.45 levels.
Watch out for a failed attempt to take out 1.4444 as it could end up in a fresh drop to 100-SMA of 1.4367 levels.
Support – 1.4405, 1.4367, 1.4345-1.4330
A slight improvement in the UK international trade situation in March has not really helped Cable rally. The bird still stays below resistance at 1.4444. An upside break is needed if the pair has to test 1.4479-1.45 levels.
Watch out for a failed attempt to take out 1.4444 as it could end up in a fresh drop to 100-SMA of 1.4367 levels.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.