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100-dma Key Brexit headlines pared......>

CABLE TECHS
CABLE TECHS: 100-dma Key
Brexit headlines pared post UK CPI gains with a sharp reversal back under
1.3100. Bulls initially need to clear the 100-dma at 1.3165 and hold above
1.3200 to cement the longer-term outlook. A break of the July 9 high suggests a
medium-term bottom is in place, targeting a move toward the 200-dma at 1.3521.
Bears need to see a close below 1.30 and the 50-dma at 1.2986 to suggest the
recent gains have marked a false break.

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