Supports at : 1.26250, 1.26100, 1.25700 and 1.25150
Resistances at : 1.26450 , 1.27700, 1.27850 and 1.28300
As you can see from the chart, the Demon spends days in some sideways to nowhere , just to get wild once in a while.
My best strategy would be to play it like a range, taking into account that there is no fixed-visible range. Cable can hit extremes on both sides, just to come back where it was…more or less.
An idea is to Short it at 1.26450 for a run at 1.26100 ( conservative approach ) , or even 1.25700 ( adventurer level 😀
I have added some Fibo retracements for the fans of it, and for all of us to have some perspective.