Bulls Need Close Above $1.3314 *RES.....>

CABLE TECHS: Bulls Need Close Above $1.3314

*RES 4: $1.3414 Hourly support June 14 now resistance 

*RES 3: $1.3350 Hourly resistance June 14 

*RES 2: $1.3314 High June 22 

*RES 1: $1.3307 21-DMA

*PRICE: $1.3280 @ 0430GMT

*SUP 1: $1.3219 Low June 25 

*SUP 2: $1.3124 Alternating hourly support/resistance 

*SUP 3: $1.3099 2018 Low June 21 

*SUP 4: $1.3072 100-WMA

*COMMENTARY: Despite fresh 2018 & 8mth lows the lack of follow through resulted

in a bullish key day reversal Thurs. Bulls take comfort in support emerging

ahead of the 100-WMA and key $1.2995-1.3072 support region. Bulls look for a

close above $1.3314 to shift initial focus back to $1.3446-1.3528. Bears need a

close below $1.3219 to gain breathing room and below $1.2995 to initially target

$1.2770 Aug lows. Correcting O/S studies are a concern for bears.