Falters At Edge Of 1.3165-$1.3180.......>

CABLE TECHS: Falters At Edge Of 1.3165-$1.3180 Resistance Band

*RES 4: $1.3180 1% volatility band

*RES 3: $1.3159/65 Intraday high, 1.618 swing $1.3030-$1.2812

*RES 2: $1.3135  Intraday hourly highs/lows 

*RES 1: $1.3100/05 Hourly resistance

*PRICE: $1.3070 @1648GMT

*SUP 1: $1.3050 Hourly support

*SUP 2: $1.3020 Jul 21 high, now support

*SUP 3: $1.2989 Jul 24 low

*SUP 4: $1.2976 6 week rising support line

*COMMENTARY* Breaks above the previous $1.3126 high, the next band of resistance

seen as situated between $1.3165-$1.3180. Support from the previous intraday low

at $1.3106 has subsequently been lost, thereby opening up some corrective

potential with $1.3050 now the brake to a $1.3020-$1.2989 fall. Resistance

$1.3100-$1.3135 but directly above $1.3180 and the swing target at $1.3245 and

then $1.3253, the equality rise from $1.2812, are next objectives.