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200-DMA Toppled *RES 4: 1.2866 Low......>

CABLE TECHS
CABLE TECHS: 200-DMA Toppled
*RES 4: 1.2866 Low April 25
*RES 3: 1.2838 61.8% retracement of Mar - Sep Decline
*RES 2: 1.2813 High May 21
*RES 1: 1.2800 High Oct 15
*PRICE: 1.2722 @ 15:30 GMT Oct 15
*SUP 1: 1.2516 Low Oct 14
*SUP 2: 1.2413 100-DMA
*SUP 3: 1.2409 Low Oct 11
*SUP 4: 1.2195 Low Oct 8
Fresh Brexit headlines gave bulls further impetus to press prices higher
Tuesday, resulting in the pair topping out at $1.2800, hitting the handle for
the first time since May. The rally took out 200-dma resistance, a significant
milestone, which may open a test on the late April low at $1.2866. The RSI is
yet to indicate overbought conditions, which may add to the argument this rally
can be sustained. $1.2838 Fib retracement is the first target.

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