$1.2995-1.3031 Resistance Key *RES 4:...>

CABLE TECHS: $1.2995-1.3031 Resistance Key

*RES 4: $1.3048 Bollinger band top 

*RES 3: $1.3031 High Aug 10 

*RES 2: $1.2995 High Sept 1 

*RES 1: $1.2979 Hourly resistance Sept 1

*PRICE: $1.2954 @ 0430GMT

*SUP 1: $1.2941 Hourly support Sept 1 

*SUP 2: $1.2905 Low Sept 1 

*SUP 3: $1.2895 Hourly resistance Aug 31 now support 

*SUP 4: $1.2853 Low Aug 31

*COMMENTARY: The pair continues to flirt with the 55-DMA ($1.2940) as bulls look

for a close above $1.2995 to confirm focus on $1.3031 and above this level to

shift focus back to $1.3157-1.3278. Layers of support remain in place with bears

still needing a close below $1.2895 to ease pressure on the 55 & 21-DMAs and

below $1.2845 to return pressure to $1.2770.