(1,5110) The CABLE confirmed a positive closing forming also a positive week reversal suggesting further upside potential in the s/t. The possible move up will however be corrective!! The indicators of the daily chart are still well positive but those of the weekly one remain well negative. The indicators of the s/t charts are mixed at the moment suggesting further consolidation/ correction. While above 1,5060 on an hourly closing we favour a move toward the 1,52 area with even a possible overshooting toward 1,5330!! We stay on the sideline for the moment while waiting to see how the CABLE will unfold in the coming hours!!
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