Several upbeat economic reports along with a continued weak dollar trend helped inflate cable as high as 1.5252 this morning, entering the zone of resistance which lies in the 1.5350/1.5370 zone.We topped out there back in the early days of this year when the last big relation trade held the market in its thrall.
Channel support on the daily charts comes in at 1.5063 today. Hourlies show support at 1.5160.
