Above 21-DMA To Target $1.3584-1.3711...>

CABLE TECHS: Above 21-DMA To Target $1.3584-1.3711

*RES 4: $1.3432 21-DMA 

*RES 3: $1.3405 55-WMA 

*RES 2: $1.3351 Hourly resistance May 25 

*RES 1: $1.3310 Hourly resistance May 31

*PRICE: $1.3259 @ 0430GMT

*SUP 1: $1.3240 Low May 30 

*SUP 2: $1.3203 2018 Low May 29 

*SUP 3: $1.3064 100-WMA 

*SUP 4: $1.3037 Monthly Low Nov 3

*COMMENTARY: The break of $1.3325 lacked follow through Thursday with the pair

capped ahead of $1.3351. Bulls now need a close above the 21-DMA to shift focus

to $1.3584-1.3711 where the 200-DMA is located. A close above $1.3711 is needed

to initially target $1.3792-1.3893 where 55 & 100-DMAs are found. Bears now look

for a close below $1.3203 to reconfirm the bearish bias and focus on

$1.2995-1.3064.