Resistance 3: $1.9960
Resistance 2: $1.9900
Resistance 1: $1.9850
Current price: $1.9771
Support 1: $1.9750
Support 2: $1.9680
Support 3: $1.9580
Comments:
Cable retreats. Below $1.9750
correction may widen to $1.9680 and then – to 50% Fibo from May 19 at
$1.9580/90.The nearest
resistance is Thursday’s highs near $1.9850, with a break above will
extend the rise to $1.9900 (May 02 high) and $1.9960.