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1.2958 The Next Downside Target Cable...>

CABLE TECHS
CABLE TECHS: 1.2958 The Next Downside Target
Cable gave back early BOE-driven gains to trade significantly weaker yesterday,
with attention now turning to the June 19 lows of 1.2958. Bulls will need a move
back above the hourly high at 1.3064 by the end of the week to avoid a negative
weekly picture, and a break above 1.3174 to significantly improve the technical
outlook.

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