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$1.4280 Resistance Now Key *RES 4:......>

CABLE TECHS
CABLE TECHS: $1.4280 Resistance Now Key
*RES 4: $1.4376 2018 High Apr 17 
*RES 3: $1.4346 Hourly resistance Apr 17 
*RES 2: $1.4280 Low Apr 17 now resistance 
*RES 1: $1.4240 Hourly resistance Apr 18
*PRICE: $1.4187 @ 0220GMT
*SUP 1: $1.4171 Low Apr 18 
*SUP 2: $1.4140 21-DMA 
*SUP 3: $1.4104 High Apr 6 now support 
*SUP 4: $1.4065 Daily Bull channel base off Mar low
*COMMENTARY: Fresh 2018 & nearly 2 year highs lacked follow through with the
sell-off Wednesday leaving the pair looking offered. Immediate focus is on
$1.4104-40 with a close below initially targeting $1.3963-1.4011 where the
55-DMA and daily bull channel base off Nov 13 lows are noted. Correcting O/B
studies add weight to the bearish case. Bulls now need a close above $1.4280 to
return initial focus to $1.4376 and above this level to target 2016 highs.

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