Cable is approaching a critical area at 1.5970. A break here to the north would take at the bearish bias and targets the 1.6059 top. Holding at this level keeps the bears in tact and we will look for a move back to the 1.5849 bottom ( S4) There is a .382 Fib retracement at 1.5809. Breaking that we target the 5th resistance (Rr) at 1.5682. Expect stalling or a pullback at 1.5656. Selling on rallies.
