R: 1.6183 / 1.6212 / 1.6254-81
S: 1.6104 / 1.6077-66 / 1.5996
Cable has risen during the day and is testing the Resistance region of 1.6183-6210 mentioned in the morning. Once it is able to break past this Resistance zone, there are other numerous Resistances overhead between 1.62-1.63. Overall Cable has been bearish over the last several weeks. A strong break past 1.63 would call for attention. Till then there are good chances of a test of 55-week MA over a couple of weeks.