Cable sits at 1.5868, only very marginally easier from where I left it Monday.
Yesterday I mentioned buy orders clustered 1.5850/60 and they are so far providing durable support.
The 200 dma comes in at 1.5850, hence the orders.
Sell stops will no doubt be placed pretty close below the 1.5850, exactly how close I haven’t the foggiest. Personally I’d put mine around 1.5840.
