Despite cable's firmness at European open after staging a strg rebound fm y'day's one-week low at 1.5833, as this move is seen as a retrace. of this week's selloff fm 1.6063 (Mon), reckon 1.5914/18
wud cap present rise n yield retreat later. Sell for 1.5870 but firm break below 1.5860 need
ed to bring re-test of 1.5833.
Range Forecast
1.5885 / 1.5915
Resistance/Support
R: 1.5918/1.5934/1.5965
S: 1.5860/1.5833/1.5801
Last Update At
05 Apr 2012 06:17 GMT
Rate
1.5905
Strategy/Entry Level
Sell at 1.5910
Objective
1.5870
Stop-Loss
1.5930
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