Cable pulled back to 1.6577 at midday before rebounding to retest session highs at 1.6636. Simpletons like me will see this as a double top on the short-term charts, albeit tiny. Smarter guys may just place trailing stops below 1.6575 and call it a night. If you are hankerin’ to sell cable, you can fade the session highs with a stop, say above the 1.6650 area and take ‘em back toward 1.6518, the measured-move objective.
