(1,6050) The CABLE confirmed still a negative closing, however while remaining interior the range of the previous session forming a new inside day with 1,6170 – 1,6020 the levels to follow in the coming hours. A break of the support will favour a test of the 1,5990 key level; only a daily closing below this support will confirm lower levels suggesting a return toward the 200 days line, now found at 1,5909. The indicators of the daily chart are still well negative and this morning also those of the s/t ones are in negative territory supporting further pressure. Only an hourly closing above 1,6100 will postpone further weakness favouring a rebound. We stay on the sideline waiting for stronger signals.
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