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Another figure challenged: *RES 3:......>

CABLE TECHS
CABLE TECHS: Another figure challenged:
*RES 3: 1.2483 Trendline resistance drawn off the May 6 high
*RES 2: 1.2460 High Jul 26
*RES 1: 1.2382 Low Jul 17
*PRICE: 1.2121 @ 08:39 GMT Aug 01
*SUP 1: 1.2101 Intraday/cycle low
*SUP 2: 1.2049 Bear channel base drawn off the high of May 6
*SUP 3: 1.2000 Psychological round number
USD strength has resulted in fresh cycle lows, with a brief challenge of 1.2100
noted. The downtrend has resumed, with any clean break through the
aforementioned figure set to open the bear channel base at 1.2049. The channel
is drawn off the May 6 high. Resistance is at 1.2382.

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