Continues To Fall, $1.4022-$1.3983......>

CABLE TECHS: Continues To Fall, $1.4022-$1.3983 Next Potential Targets

*RES 4: $1.4201 Mar 28 high

*RES 3: $1.4174 Hourly high Mar 27

*RES 2: $1.4134/40 Initial low Mar 28, hourly recovery high

*RES 1: $1.4097/08 Intraday high, base broken bull channel

*PRICE: $1.4052 @0802GMT

*SUP 1: $1.4022 Equality fall from $1.4201 to $1.4245-$1.4066

*SUP 2: $1.3979/83 50% Fibo of $1.3712-$1.4245, Mar 20 low

*SUP 3: $1.3951 1% volatility band

*SUP 4: $1.3930 Mar 6 high, now support

*COMMENTARY* Had faltered at the $1.4245 level in the early part of the week,

while endeavouring to make headway into the early Feb highs at $1.4279. This

ahead of the year's previous $1.4346 peak. The subsequent break below

$1.4170-$1.4120 support saw a loss of recent upside momentum. Today's move below

$1.4066 sees risk for a further $1.4022-$1.3983 fall. Resistance from

$1.4097-$1.4108, above would allow some respite, $1.4134-$1.4174 then possible.