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Despite encountering support at the $1.25.....>

CABLE
CABLE: Despite encountering support at the $1.25 level yesterday, fresh pressure
in early Europe breaks through the handle triggering renewed supply from
momentum-type accounts to $1.2487. The underlying tone remains heavy opening the
Jul 5 low at $1.2481, ahead of the Jan 3 flash crash lows at $1.2441.  

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