(1,6212) The CABLE confirmed still a positive closing but failed to confirm a new high for now after 6 sessions of positive development! The indicators of the daily chart are still well positive with bearish divergences confirming the positive tone. The indicators of the s/t charts turned instead below the line suggesting a possible correction. Only an hourly closing below 1,6160 will postpone further strength favouring a deeper correction with the 200 hours line at 1,6111 the possible attraction. A possible decline could however find support already at 1,6145!! The decline will be a buying opportunity! We stay on the sideline!
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