Focus Shifts To $1.3631-1.3794 *RES.....>

CABLE TECHS: Focus Shifts To $1.3631-1.3794

*RES 4: $1.4086 Hourly support Feb 15 now resistance 

*RES 3: $1.4013 21-DMA 

*RES 2: $1.4009 High Feb 21 

*RES 1: $1.3937 Hourly resistance Feb 21

*PRICE: $1.3911 @ 0530GMT

*SUP 1: $1.3794 Low Feb 12 

*SUP 2: $1.3763 Low Feb 9 

*SUP 3: $1.3730 55-DMA 

*SUP 4: $1.3631 Monthly High Sept 20 now support

*COMMENTARY: The failure to retake the $1.4162 level on the recovery from

$1.3763 sees the 21-DMA now capping, the pair looking heavy and focus now on

$1.3631-1.3794 where the 55-DMA is noted. Daily studies are well placed for a

fresh leg lower. Bulls now need a close above $1.4086 to gain breathing room and

above $1.4162 to confirm focus on 2018 highs and the key 200-WMA ($1.4344)

lurking above.