Bears Need Close Below $1.3739 *RES.....>

CABLE TECHS: Bears Need Close Below $1.3739

*RES 4: $1.4349 Low June 20 2016 now resistance 

*RES 3: $1.4006 Low June 16 2016 now resistance 

*RES 2: $1.3942 2018 Highs Jan 17 

*RES 1: $1.3840 Hourly resistance Jan 17

*PRICE: $1.3816 @ 0530GMT

*SUP 1: $1.3739 Low Jan 16 

*SUP 2: $1.3700 Hourly resistance Jan 12 now support 

*SUP 3: $1.3643 Hourly resistance Jan 12a now support 

*SUP 4: $1.3585 High Jan 8 now support

*COMMENTARY: Fresh 2018 & 18mth highs continue but the lack of topside follow

through is weighing. The $1.3739 support is key today. Bears need a close below

this level to confirm an easing of bullish pressure and shift initial focus to

$1.3555-1.3643 where the 21-DMA is located. Bulls now look for a close above

$1.3840 to gain breathing room and above $1.4006 to initially target

$1.4349-1.4410 where the 200-WMA is noted.