Enters $1.3363-$1.3321 Targeted Area....>

CABLE TECHS: Enters $1.3363-$1.3321 Targeted Area As Correction Continues

*RES 4: $1.3545/50 Congestion area Sep 22-25

*RES 3: $1.3515 Sep 26 high

*RES 2: $1.3464 Hourly recovery high Sep 26

*RES 1: $1.3415/30 Hourly resistance

*PRICE: $1.3395 @0752GMT

*SUP 1: $1.3346/49 61.8% of $1.3153-$1.3659, intraday low

*SUP 2: $1.3321 38.2% Fibo of $1.2774-$1.3659

*SUP 3: $1.3269/72 Aug 3 high, 76.4% of $1.3153-$1.3659

*SUP 4: $1.3216/20 50% Fibo of $1.2774-$1.3659, 2% vol band

*COMMENTARY*  The key 1.3450 support level gave way this week and continued the

correction of recent gains from the Sep 14 low at $1.3153. Having subsequently

lost $1.3406 support, we have seen a dip into the next targeted area from

between the swing target at $1.3363 and the 38.2% Fibo retrace level at $1.3321.

This currently protects against a deeper $1.3272-$1.3269 fall. Meanwhile,

resistance $1.3415-$1.3430, above the latter would ease near term pressure.