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

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: $1.4197 @ 0430GMT

*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.