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Focus Returns To $1.2995-1.3088 *RES....>

CABLE TECHS
CABLE TECHS: Focus Returns To $1.2995-1.3088
*RES 4: $1.3240 Hourly resistance Oct 26b 
*RES 3: $1.3183 Hourly resistance Oct 26a 
*RES 2: $1.3161 55-DMA 
*RES 1: $1.3146 Hourly support Oct 26 now resistance
*PRICE: $1.3134 @ 0430GMT
*SUP 1: $1.3110 Low Oct 25 
*SUP 2: $1.3088 Low Oct 20 
*SUP 3: $1.3060 100-DMA 
*SUP 4: $1.2995 High Sept 1 now support
*COMMENTARY: Time spent above the 21-DMA ($1.3205) was short with the break of
the 21-DMA leaving the pair looking heavy and focus back to layers of support
$1.2995-1.3088 where the 100-DMA is located. Bulls now need a close above
$1.3183 to ease bearish pressure and above $1.3240 to shift focus back to
$1.3279-1.3343. Bears look for a close below $1.2995 to shift overall focus to
the 200-DMA ($1.2839).
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