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Reversing Trend The spillover from......>

CABLE TECHS
CABLE TECHS: Reversing Trend
The spillover from Salzburg following tough Brexit negotiations witnessed a near
200 pip reversal. A close under the 100-dma at 1.3159 would see bears regain the
upper hand, targeting a break of 1.30 to re-establish the broader bearish trend.
The Sep low is placed behind at 1.2786, opening the ytd low at 1.2662. Bulls
need a break back above 1.3200, before targeting the 38.2% retracement of 2018
range at 1.3317.

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