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$1.3004 Support Key *RES 4: $1.3113.....>

CABLE TECHS
CABLE TECHS: $1.3004 Support Key
*RES 4: $1.3113 Low Aug 3 now resistance 
*RES 3: $1.3094 Low July 31 now resistance 
*RES 2: $1.3079 Hourly support Aug 4 
*RES 1: $1.3059 High Aug 7
*PRICE: $1.3044 @ 0430GMT
*SUP 1: $1.3015 Low Aug 7 
*SUP 2: $1.3004 Low July 25 
*SUP 3: $1.2921 55-DMA 
*SUP 4: $1.2833 100-DMA
*COMMENTARY: The bearish key day reversal Thursday was followed up with further
losses Friday that leave the pair looking heavy and bears focused on the 55-DMA.
Daily studies correcting from O/B add weight to the bearish case with bears now
looking for a close below $1.3004. Layers of resistance have accumulated with
bulls now needing a close above $1.3113 to ease bearish pressure and above
$1.3191 to shift focus back to $1.3259-78.

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