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Bulls Recover 1.30 The rally back.......>

CABLE TECHS
CABLE TECHS: Bulls Recover 1.30
The rally back above 1.30 has improved the outlook, with bulls targeting a break
of 1.3050 ahead of the Nov 7 high at 1.3175. Above here brings down trendline
resistance off the June high at 1.3207 into play, a break of which would trigger
a double bottom formation. Bears focus on a break of 1.28, opening the potential
return to the Oct 31 low at 1.2699 & ytd low at 1.2662.

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