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Bullish Break Positive Brexit...........>

CABLE TECHS
CABLE TECHS: Bullish Break
Positive Brexit rhetoric saw cable hit fresh ytd highs yesterday triggering an
inverse head and shoulders formation which points to significant upside. The
initial target comes in at 1.3409 from the 38.2% retracement of the April-Jan
decline, ahead of the Jun 14 2018 high at 1.3447. The inverse head and shoulders
target comes in around 1.40. Bears need a close below the 200-dma at 1.2991 to
bring the Feb 18 low & 100-dma back into view at 1.2892/79.

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