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CABLE TECHS: Bullish Break Puts Focus On Upside
Cable smashed back above its 100/200-dmas and down trendline resistance
yesterday on the back of positive Brexit headlines. The strong close puts the
focus on the Apr 17 high & 55-dma at 1.3067/92. The Apr 12 high sits above here
at 1.3133. On the downside bears need to clear the 1.29 level, before returning
the focus to Friday's low at 1.2866.