(1,6120) The CABLE formed yesterday a negative outside day with 1,6215 – 1,6055 the new levels to follow in the coming hours. A daily closing below 1,6055 will confirm direct lower levels with the 200 days line at 1,5894 still the probable attraction and target. The closing was weak last night below the lows of the past few sessions suggesting further possible weakness. The indicators of the daily chart closed also again below the line and at the moment also those of the s/t ones are below the line supporting further weakness. Further bullish divergences confirm a negative tone! The drop below 1,6100 confirmed a s/t target at 1,6061 that the CABLE missed to confirm already yesterday by a few pips!! While below 1,6140 on an hourly closing we expect another test on the downside!! We follow the outside day.
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