Resistance 3: $1.9900
Resistance 2: $1.9840
Resistance 1: $1.9780
Current price: $1.9766
Support 1: $1.9600
Support 2: $1.9540
Support 3: $1.9460
Comments: Cable retains positive mood after Friday’s rally. The pare has just overcame strong resistance
around Friday’s high on $1.9730 and appear to target the next level at $1.9780. Stronger resistance
comes at $1.9840 (May 27 high). Support is around $1.9600 (recent lows). Below
correction may reach $1.9540 and stronger level on Jun 04 low at $1.9460.