$1.3455 & 1.3612 Levels Key *RES 4:.....>

CABLE TECHS: $1.3455 & 1.3612 Levels Key

*RES 4: $1.3828 Low Feb 29 2016 now resistance 

*RES 3: $1.3656 2017 High Sept 20 

*RES 2: $1.3612 2018 High Jan 3 

*RES 1: $1.3585 High Jan 8

*PRICE: $1.3547 @ 0530GMT

*SUP 1: $1.3521 Hourly resistance Jan 10 now support 

*SUP 2: $1.3462 21-DMA 

*SUP 3: $1.3455 Low Jan 11 

*SUP 4: $1.3352 55-DMA

*COMMENTARY: The dip Thursday bounced aggressively from the 21-DMA retaining

focus on the $1.3585-1.3612 region. Momentum studies have corrected back to

neutral which is a positive for bulls who need a close above $1.3585 to gain

breathing room and above 2017 highs to target $1.3828 last seen in Feb 2016.

Bears now look for a close below $1.3455 to shift focus back to $1.3296-1.3352

where 55 & 100-DMAs and bull channel base are noted.