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

CABLE TECHS
CABLE TECHS: Bullish Break
Positive Brexit news saw cable hit fresh ytd highs yesterday triggering an
inverse head and shoulders formation which points to significant upside. The
initial upside target comes in at the Sep 20 high of 1.3277 ahead of the 50%
retracement of the April-Jan decline which comes in at 1.3411. 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 1.2892/77.

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