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Neckline Gives Way Cable closed........>

CABLE TECHS
CABLE TECHS: Neckline Gives Way 
Cable closed below neckline support yesterday which poses a threat to the
broader uptrend as bears now target a move down to the Feb 20 high at 1.3109
ahead of uptrend support which comes in at 1.2970. Bulls need to recover
yesterday's high at 1.3273 to return the focus to the upside and open the Feb 27
high & Jul 9 2018 high at 1.3350/63. A break above here opens the 38.2%
retracement of the April-Jan decline at 1.3409, while the inverse head and
shoulders breakout target comes in around 1.40. 

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