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Sep 20 High In Focus Sterling closed....>

CABLE TECHS
CABLE TECHS: Sep 20 High In Focus
Sterling closed back above 1.32 yesterday as the rally gains steam following the
break above Sep 26 high and bulls now target the Sep 20 high at 1.3298. A break
above here would confirm a large inverse head-and-shoulders pattern. Bears need
a break of cloud base support at 1.2910 to change the short-term outlook,
turning focus toward the Sep 5 low at 1.2786 and ytd low at 1.2662.

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