Pressuring 21-DMA *RES 4: $1.3549.......>

CABLE TECHS: Pressuring 21-DMA

*RES 4: $1.3549 High Nov 30 

*RES 3: $1.3519 High Dec 8 

*RES 2: $1.3432 High Dec 11 

*RES 1: $1.3374 Hourly resistance Dec 11

*PRICE: $1.3337 @ 0530GMT

*SUP 1: $1.3318 Low Dec 7 

*SUP 2: $1.3254 55-DMA 

*SUP 3: $1.3188 100-DMA 

*SUP 4: $1.3175 Daily Bull channel base

*COMMENTARY: The pair is looking heavy once more as it flirts with the 21-DMA

($1.3337). Bears look for a close below $1.3318 to confirm a break of the 21-DMA

and shift focus to $1.3175-1.3254 where 55 & 100-DMAs and the bull channel base

off March lows are situated. Bulls now need a close above $1.3432 to ease

pressure on support layers and return focus to $1.3549-1.3656 where monthly and

2017 highs are located.