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USDCAD TECHS

Clearing Major Support

AUDUSD TECHS

Sizeable Resistance Building

EURJPY TECHS

Needle Still Points North

USDJPY TECHS

Bullish Argument Down, But Not Out

EURGBP TECHS

Attention Is On Resistance

CABLE TECHS
CABLE TECHS: Finds Some Support
*RES 4: 1.3159/68 200-WMA, 50.0% of Apr 2018 - Sep 2019 decline
*RES 3: 1.3080 High May 8
*RES 2: 1.3045 76.4% retracement of Mar 13 - Sep 3 decline
*RES 1: 1.3013 High Oct 21
*PRICE: 1.2917 @ 04:19 GMT Oct 24
*SUP 1: 1.2840 Low Oct 18
*SUP 2: 1.2750/16 Low Oct 17 / 200-DMA
*SUP 3: 1.2603 Low Oct 15
*SUP 4: 1.2516 Low Oct 14
GBPUSD remains in a corrective mode, although some support did materialise off
yesterday's low. From a trend perspective, the outlook remains bullish with the
upside trigger at 1.3013, Oct 21 high. It is possible we'll see a deeper
corrective pullback unfold before bullish activity resumes, as the recent
uptrend has been steep. Support is seen around 1.2716, the 200-DMA and 1.2603,
Oct 15 low. Clearance of 1.3013 would confirm a resumption of the uptrend.