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$1.3630 Resistance Still Keeps The......>

CABLE TECHS
CABLE TECHS: $1.3630 Resistance Still Keeps The Downside Bias Intact
*RES 4: $1.3667 May 2 high
*RES 3: $1.3630 May 3 high
*RES 2: $1.3608 May 9 high
*RES 1: $1.3579 Intraday high
*PRICE: $1.3528 @0817GMT
*SUP 1: $1.3515/25 Hourly support
*SUP 2: $1.3484/87 May 8, May 4 lows
*SUP 3: $1.3458 Jan 11 low
*SUP 4: $1.3407 1.618 swing of $1.3484-$1.3608
*COMMENTARY* The slowed pace of the decline has allowed a move back within the
lower 2% volatility band and this held the fall on Friday at $1.3487. This level
was challenged again on Tuesday, a slight break lower to $1.3484, before finding
support again. Meanwhile, resistance from between $1.3579-$1.33608 but any
recovery will only feel the benefit, if a break of $1.3630 can be staged.
Support $1.3525-$1.3515. Below $1.3484 has $1.3458-$1.3407 support next.

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