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Multi-month Lows Cable remains locked...>

CABLE TECHS
CABLE TECHS: Multi-month Lows
Cable remains locked in a downtrend with declines extending to multi-month lows.
Recovery efforts have so far held shallow as bears focus on the 2018 low at
1.2662, ahead of the measured move target from the double top formation down at
1.2500. Bulls initially need to recover the upper bound of the downtrend channel
at 1.2944 to shift the outlook neutral, before challenging up trendline
resistance & 100-dma at 1.3055.

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