$1.2929-$1.2920 Region Remains..........>

CABLE TECHS: $1.2929-$1.2920 Region Remains Unscathed So Far

*RES 4: $1.3112 Aug 3 low, now resistance

*RES 3: $1.3059 Aug 7 high

*RES 2: $1.3029 Aug 9 high

*RES 1: $1.3010 Intraday high

*PRICE: $1.2974 @1512GMT

*SUP 1: $1.2939 Intraday low

*SUP 2: $1.2920/29 76.4% $1.2812-$1.3269, 50% $1.2589-$1.3269

*SUP 3: $1.2906 1.618 swing of $1.2953-$1.3029

*SUP 4: $1.2849 61.8% Fibo of $1.2589-$1.3269

*COMMENTARY* Resistance from $1.3059 and then $1.3029 this week, has seen

downside pressure resume. A low of $1.2939 so far today, ahead of what looks a

stronger area between $1.2929-$1.2920. This a combination of two Fibo retrace

levels, the 50% of the rise from $1.2589 and perhaps slightly more importantly,

the 76.4% of the rise from $1.2812. Below here can allow an overshoot around

$1.2906 but any lower and $1.2849 comes into view.