US session outlook
Cable's breach of rising has shifted balance in favor of bears. However, a rebound from support at 1.4617 followed by a break above 1.4635 could see the pair make an attempt at 1.4660 (rising hurdle).
Gains above 1.4660 are to be treated with caution.
Meanwhile, failure at 1.4660 followed by a drop below 1.4617 or a failure in general to remain above 1.4617 would expose strong support at 1.4578 levels.