Bears Focused On $1.3180-1.3252 While...>

CABLE TECHS: Bears Focused On $1.3180-1.3252 While $1.3374 Caps

*RES 4: $1.3519 High Dec 8 

*RES 3: $1.3432 High Dec 11 

*RES 2: $1.3374 Hourly resistance Dec 11 

*RES 1: $1.3343 21-DMA

*PRICE: $1.3337 @ 0530GMT

*SUP 1: $1.3302 Low Dec 12 

*SUP 2: $1.3252 55-DMA 

*SUP 3: $1.3190 100-DMA 

*SUP 4: $1.3180 Daily Bull channel base

*COMMENTARY: The pair remains heavy having closed below the 21-DMA with focus

having shifted to $1.3180-1.3252 where the bull channel base, 55 & 100-DMAs are

located. Below the bull channel base sees bears targeting $1.2974-1.3037 where

the 200-DMA is noted. Bulls now need a close above $1.3374 to ease renewed

bearish pressure and above $1.3432 to return focus to $1.3549-1.3656 where

monthly and 2017 highs are located.