The CABLE failed yet to confirm a 1,57 overshooting but in the same time it is also still holding well above 1,5680. The closing was negative supporting lower levels.
The indicators of the daily chart are still well negative as well as those of the 4h one. Only the indicators of the hourly chart are still in positive territory suggesting another possible attempt on the upside. Already an hourly closing above the 1,5670 level will support a possible move up suggesting a rally toward the 200 hours line now at 1,5801.
For the moment we keep the long position putting however a stop at 1,5575!
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FUTURE TREND RESEARCH