Below $1.4066 To Ease Bullish...........>

CABLE TECHS: Below $1.4066 To Ease Bullish Pressure

*RES 4: $1.4349 2018 High Jan 25 

*RES 3: $1.4286 High Jan 26, 200-WMA 

*RES 2: $1.4216 High Mar 22 

*RES 1: $1.4135 Hourly resistance Mar 22

*PRICE: $1.4114 @ 0530GMT

*SUP 1: $1.4076 Low Mar 22 

*SUP 2: $1.4066 High Mar 20 now support 

*SUP 3: $1.3984 Low Mar 20 

*SUP 4: $1.3930 55-DMA

*COMMENTARY: The 55-DMA has provided the base for a rally to fresh 2mth highs

with bulls now focused on the $1.4286-1.4349 region where 2018 highs are

located. Correcting modestly O/B daily studies are less than ideal for bulls. In

saying that, bears now need a close below $1.4066 to confirm an easing of

bullish pressure and below $1.3984 to shift focus back to $1.3832-30 where the

rising TL off Nov 13 lows, 21 & 55-DMAs are noted.