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Rally Continues Having Tested Next......>

CABLE TECHS
CABLE TECHS: Rally Continues Having Tested Next Target At $1.3080
*RES 4: $1.3223 2% volatility band
*RES 3: $1.3184 1.618 proj'n from $1.2852 to $1.2774-$1.2979
*RES 2: $1.3152 76.4% Fibo of $1.3269-$1.2774
*RES 1: $1.3080/93 61.8% Fibo of $1.3269-$1.2774, 1% vol band
*PRICE: $1.3046 @0824GMT
*SUP 1: $1.3015/35 Hourly support
*SUP 2: $1.2996 Sep 1 high, now support
*SUP 3: $1.2950 Congestion area Sep 1-Sep 4
*SUP 4: $1.2906/09 Sep 1, Sep 5 lows
*COMMENTARY* Support found last Thursday at $1.2852, in line with a 61.8% Fibo
retrace of the previous $1.2774-$1.2979 rise. Friday's move back above firstly
$1.2949 and then $1.2979 is a fresh positive, with scope to increase gains
towards $1.3080 next, as we continue the recovery of last month's
$1.3269-$1.2774 drop. Support now from $1.3035-$1.3015 and then Friday's 1.2996
high. Directly through $1.3080 and look to a continued $1.3152-$1.3184 rise.

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