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CABLE TECHS: All To Play For
Cable continues to gyrate around the 1.30 level with bulls looking to close
above here to challenge the 1.3175 level. Above here would bring down trendline
resistance off the June high at 1.3198 into play, ahead of a run at the Sep
highs of 1.3298. Bears focus on a break of 1.28 to resume the downtrend, opening
the potential return to the Oct 31 low at 1.2699 & ytd low at 1.2662.