Above 2017 Highs initially Targets......>

CABLE TECHS: Above 2017 Highs initially Targets $1.3828

*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: $1.3573 @ 0530GMT

*SUP 1: $1.3553 Hourly support Jan 8 

*SUP 2: $1.3521 Low Jan 5 

*SUP 3: $1.3491 Low Jan 1 

*SUP 4: $1.3538 Hourly support Jan 2

*COMMENTARY: Bulls take comfort as the pair regains ground following last week's

dip back to $1.3491. O/B daily studies remain the key concern for bulls who are

currently focused on $1.3612. A close above $1.3612 confirms immediate focus on

the 2017 high and hints at a move to $1.3828. Bears now need a close below

$1.3553 to gain breathing room and below the 21-DMA ($1.3443) to shift focus

back to key DMAs $1.3275-1.3334.