Bulls Need Close Above $1.3940 *RES.....>

CABLE TECHS: Bulls Need Close Above $1.3940

*RES 4: $1.4069 High Feb 26 

*RES 3: $1.3997 High Feb 27 

*RES 2: $1.3940 Hourly resistance Feb 27 

*RES 1: $1.3912 21-DMA

*PRICE: $1.3894 @ 0420GMT

*SUP 1: $1.3836 Hourly resistance Mar 8 now support 

*SUP 2: $1.3754 Hourly support Mar 1 

*SUP 3: $1.3710 Low Mar 1 

*SUP 4: $1.3657 Monthly High Sept 20 now support

*COMMENTARY: Hesitation around the 21-DMA ($1.3912) and the $1.3940 resistance

remains a concern for bulls. Bulls continue to look for a close above $1.3940 to

confirm a break of the 21-DMA and shift focus back to $1.4150. Above $1.4150 is

needed to target $1.4285-1.4349. The $1.3710-54 support region is key this week.

Bears continue to look for a close below $1.3710 to shift initial focus to

$1.3612-56.