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Cable has fallen hard for the third day in a row. It is however, still above the all-important 1.60 support level still. This level will be tested again on Monday. If the pair manages to stay above that area, we will more than likely see a move to the 1.64 area as each high since the breaking of 1.60 has been progressively higher. However, if we break below that important area, 1.58 will be the bear’s first target.
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