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$1.3804-$1.3836 Next Target Zone........>

CABLE TECHS
CABLE TECHS: $1.3804-$1.3836 Next Target Zone Ahead Of Dual Fibo Levels
*RES 4: $1.3883/85 38.2% $1.7192-$1.1838,50% $1.5932-$1.1838
*RES 3: $1.3836 Feb 2016 low, now resistance
*RES 2: $1.3825 Equality rise from $1.3302 to $1.3017-$1.3550
*RES 1: $1.3804 61.8% Fibo of $1.5020-$1.1838
*PRICE: $1.3791 @1011GMT
*SUP 1: $1.3750/60 Hourly support
*SUP 2: $1.3725/30 Hourly base Jan 12, intraday low
*SUP 3: $1.3677 Hourly low Jan 12
*SUP 4: $1.3659 Sep 20 high, now support
*COMMENTARY* Racing ahead again today following Friday's break above the 2017
high at $1.3659. Have moved through the upper 1% volatility band at $1.3726 by
time today, the next upside targets come from $1.3804-$1.3836. Have seen a
slight break of the former but has not sustained it yet. Support rises
accordingly, $1.3760-$1.3750 initially, with $1.3730-$1.3725 of more importance
below. Above $1.3836 and dual Fibo resistance from $1.3883-85 awaits higher.

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