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Bears Remain In Control Recovery........>

CABLE TECHS
CABLE TECHS: Bears Remain In Control
Recovery efforts proved shallow last week keeping the focus on the ytd low at
1.2478, ahead of the Apr 11 2017 low at 1.2404. Bulls need to clear 1.27 (series
of previous lows) to stabilise the short-term outlook. A close above targets the
21-dma & 38.2% retracement level at 1.2725/44, ahead of the Dec highs at 1.2840.

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