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Cable test support

CROSS ASSET
  • Cable is seeing some downside traction as it trades through Wednesday's low at 1.2374, where the initial support was seen.
  • This is more a function of the USD, following PMIs.
  • There's some buying here in TYM3 in 10k and Emini (ESM3), in 10k.
  • Cable is seeing some demand at these levels, but further downside momentum, opens to 1.2353/45 Low Apr 17 / 10.

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