Bulls Need Close Above $1.3325 *RES.....>

CABLE TECHS: Bulls Need Close Above $1.3325

*RES 4: $1.3421 Low May 23 

*RES 3: $1.3405 55-WMA 

*RES 2: $1.3351 Hourly resistance May 25 

*RES 1: $1.3325 High May 29

*PRICE: $1.3292 @ 0220GMT

*SUP 1: $1.3240 Low May 30 

*SUP 2: $1.3203 2018 Low May 29 

*SUP 3: $1.3064 100-WMA 

*SUP 4: $1.3037 Monthly Low Nov 3

*COMMENTARY: Despite gaining traction below the 55-WMA O/S studies appear to be

impacting with support layers starting to accumulate. In saying that, bulls now

need a close above $1.3325 to gain breathing room and target a correction back

to $1.3421-1.3617 where 21 ($1.3446) & 200 ($1.3582) DMAs are located. Above

$1.3617 then targets $1.3792-1.3893. While $1.3325 caps bears remain focused on

$1.2995-1.3064.