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USDCAD TECHS

Solid Bounce

AUDUSD TECHS

Reverses In Style

EURJPY TECHS

Accelerates Off Bull Trigger

USDJPY TECHS

Still Pointing Higher

EURGBP TECHS

Bouncing Well

GBPUSD TECHS

Bulls Press Pause

CABLE TECHS
CABLE TECHS: Cracks Triangle Resistance
*RES 4: 1.3281/84 61.8% of the Dec 13 - Dec 23 decline / Dec 31 high
*RES 3: 1.3212 High Jan 7
*RES 2: 1.3210 50% of the Dec 13 - Dec 23 decline
*RES 1: 1.3196 Intraday high
*PRICE: 1.3117 @ 16:48 GMT Jan 31
*SUP 1: 1.2955 Low Jan 14
*SUP 2: 1.2947 Trendline support drawn off the Sep 3 low
*SUP 3: 1.2905 Low Dec 23
*SUP 4: 1.2824 Low Nov 22
The rate spilled above triangle resistance at 1.3142, leaving a firm imprint in
prices which ran all the way up to multi-week highs of 1.3196. The rally
extended to top the Jan 24 high at 1.3173, which switches the outlook to
bullish. The end-week rally opens an extended recovery toward firstly the Jan 7
high at 1.3212 and Fib resistance at 1.3281. Any turn lower needs to break
1.3110 to reinstate the downside argument.