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Cable rally extends; stops triggered

By   || June 2, 2009 at 14:14 GMT
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 Cable has rallied strongly, presently at 1.6510. So much for looking a little vulnerable. Buy stops were triggered on breach of 1.6500 sending the pairing quickly to 1.6536 before settling back.  Technical resistances now at 1.6550/55 and 1.6600.

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