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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.