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Bulls Target Down Trendline.............>

CABLE TECHS
CABLE TECHS: Bulls Target Down Trendline Resistance
GBPUSD's strong recovery on Friday keeps cable's recovery intact and allows
bulls to now focus on down trendline resistance from the March 13 high which
comes in around 1.3240. Above here would target a run at the March 20 high at
1.3276, ahead of the 1.33 level. Bears downside focus remains on the 50-dma at
1.3072, a break opens Thursday's low at 1.3004. 

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