(1,5823) The CABLE confirmed a relatively strong closing above the top of the previous session, while remaining however still interior the inside day with 1,5815 – 1,5660 still the levels to follow in the coming hours. Only a daily closing above 1,5815 will support further strength with the 200 days line at 1,5897 the attraction!! The indicators of the daily chart are still well negative but are recovering from the oversold area. The indicators of the s/t charts are positive supporting further s/t strength. While above the 200 hours line at 1,5797 we expect the CABLE to move a little higher suggesting even a 1,59 overshooting. We wait for this possible extension to sell the CABLE.
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