Break Higher Brings $1.3245-$1.3253.....>

CABLE TECHS: Break Higher Brings $1.3245-$1.3253 Next Into View

*RES 4: $1.3344 2% volatility band

*RES 3: $1.3332 1.618 swing of $1.3048-$1.2589

*RES 2: $1.3253 Equality rise target from $1.2812

*RES 1: $1.3245 1.618 swing of $1.3126-$1.2933

*PRICE: $1.3214 @1515GMT

*SUP 1: $1.3190 Hourly support

*SUP 2: $1.3152/59 Jul 28, Jul 27 highs, now support

*SUP 3: $1.3120 Hourly congestion area Jul 31 

*SUP 4: $1.3097 Jul 31 low

*COMMENTARY* Broke above $1.3165-$1.3184 resistance on Monday, the next target

area is now seen from between $1.3245-$1.3253. This a combination of a recent

swing target and an equality rise move from the Jul 12 low at $1.2812. As a

consequence, support also on the rise, $1.3190 is the initial protection ahead

of two recent highs between $1.3159-$1.3152. Directly through $1.3253 and

currently not a lot showing ahead of another swing target at $1.3332.