Below $1.4165 And Fall Has..............>

CABLE TECHS: Below $1.4165 And Fall Has $1.4145-$1.4120 Within It's Sights

*RES 4: $1.4311 Apr 18 high

*RES 3: $1.4270/83 Initial low Apr 18, Apr 17 low

*RES 2: $1.4247 Initial low Apr 18, Apr 17 low

*RES 1: $1.4219/25 Intraday high, hourly resistance

*PRICE: $1.4170 @0845GMT

*SUP 1: $1.4145/65 Apr 12 low, Apr 9 high

*SUP 2: $1.4120/23 Apr 10 low, 61.8% of $1.3966-$1.4377

*SUP 3: $1.4063/68 76.4% Fibo, 1% vol band, 8 week s/line

*SUP 4: $1.4044 50% Fibo of $1.3712-$1.4377

*COMMENTARY* Support from $1.4165 is under threat, exposing the Apr 12 low at

$1.4145 and more importantly the $1.4123-$1.4120 area below. The latter is the

safety catch against a deeper $1.4068-$1.4063 fall. This then a triple area of

support today. Resistance currently from between the day's $1.4219 high and

$1.4225 but back above yesterday's $1.4247 recovery high is needed to stimulate

any further gains and some correction of this week's losses from $1.4377.