Deep Setback After Rally Falters At.....>

CABLE TECHS: Deep Setback After Rally Falters At $1.4245

*RES 4: $1.4279 Feb 1, Feb 2 highs

*RES 3: $1.4245 Mar 26, intraday highs

*RES 2: $1.4205 Intraday hourly base, now resistance

*RES 1: $1.4175 Hourly resistance

*PRICE: $1.4162 @1623GMT

*SUP 1: $1.4090/00 Hourly support

*SUP 2: $1.4066 Intraday low

*SUP 3: $1.4041 38.2% Fibo of $1.3712-$1.4245

*SUP 4: $1.3979/83 50% Fibo of $1.3712-$1.4245, Mar 20 low

*COMMENTARY* Had faltered at the $1.4245 level for 24 hours earlier today, while

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

the year's previous $1.4346 peak and the upper 2% volatility band, at $1.4354 by

time today. The subsequent loss of $1.4170-$1.4120 support saw a loss of recent

upside momentum, a low of $1.4066 so far, just ahead of the 38.2% Fibo retrace

level at $1.4041. Oversold near term, $1.4175-$1.4205 resistance.