Falters Ahead Of Congested..............>

CABLE TECHS: Falters Ahead Of Congested $1.4408-$1.4422 Resistance Zone

*RES 4: $1.4422 Base previously broken bull channel

*RES 3: $1.4417 1.618 swing of $1.4245-$1.3966

*RES 2: $1.4408 7 week bull channel top projection

*RES 1: $1.4377 Intraday high

*PRICE: $1.4308 @1403GMT

*SUP 1: $1.4297 Apr 13 high, now support

*SUP 2: $1.4265 Hourly congestion Apr 13-Apr 16

*SUP 3: $1.4221/31 Apr 13 low and hourly base

*SUP 4: $1.4165 Apr 9 high, now support

*COMMENTARY* A high so far today of $1.4377, slightly exceeding the longer term

61.8% Fibo retrace level at $1.4368 and also the upper 1% volatility band at the

lower $1.4330 level. Will need to sustain these gains, in order to reach and

test the next band of congested resistance from between $1.4408-$1.4422. Support

initially now from $1.4297 but only back below $1.4265 would presently concern.

Above $1.4422 and $1.4470-$1.4515 next.