Resistance 3: $1.9960
Resistance 2: $1.9900
Resistance 1: $1.9850
Current price: $1.9794
Support 1: $1.9680
Support 2: $1.9580
Support 3: $1.9450
Comments:
Cable consolidates. The nearest resistance is yesterday's highs near $1.9850, with a break above will extend the rise to
$1.9900 (May 02 high) and $1.9960. Below $1.9680
correction may widen to 50% Fibo from May 19 at $1.9580/90. Below losses will extend to May 19 lows on $1.9450.