$1.4160-$1.4145 Support Keeps Recent....>

CABLE TECHS: $1.4160-$1.4145 Support Keeps Recent Upside Momentum Intact

*RES 4: $1.4346 Jan 25 high

*RES 3: $1.4263/79 Swing $1.4224-$1.4161, Feb 1, Feb 2 highs

*RES 2: $1.4245 Mar 26, Mar 27 highs, 1% volatility band

*RES 1: $1.4224 Apr 11 high

*PRICE: $1.4178 @0820GMT

*SUP 1: $1.4160/61 Hourly support, Apr 11 low

*SUP 2: $1.4145 Hourly pullback low Apr 10

*SUP 3: $1.4120 Apr 10 low

*SUP 4: $1.4097 Apr 5 high, now support

*COMMENTARY* Having broken through the remaining 76.4% Fibo retrace level at

$1.4179, Wednesday saw the rally curtailed by the upper 1% volatility band. This

has moved by time today to join the late March highs at $1.4245. The subsequent

fall has so far been held at the upper end of $1.4160-$1.4145 support. Any loss

of the latter would spoil recent upward momentum and point to correction

potential of gains seen from last Friday's $1.3966 low.