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Fresh USD Sales Takes Cable through $1.3143/45

CABLE
MNI (London)

General USD sales emerge in Europe, the interest providing cable with the lift to clear above the earlier mentioned key technical resistance at $1.3143(76.4% $1.3186-1.3005), as well as the earlier high of $1.3145, to take rate on to $1.3168. Corrective pullbacks so far remain shallow and seen keeping the Aug6 high of $1.3186 in view.

MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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