Pullback Holds Into Top Of..............>

CABLE TECHS: Pullback Holds Into Top Of $1.3980-$1.3950 Support

*RES 4: $1.4196 76.4% Fibo of $1.4346-$1.3712

*RES 3: $1.4133/45 1.618 swing $1.4089-$1.4018, Feb 16 high

*RES 2: $1.4104 61.8% Fibo of $1.4346-$1.3712

*RES 1: $1.4088/89 1% volatility band, Mar 19 high

*PRICE: $1.4065 @1510GMT

*SUP 1: $1.4005/15 Hourly support

*SUP 2: $1.3983 Mar 20 low

*SUP 3: $1.3950/51 Initial high Mar 16, 2 week support line

*SUP 4: $1.3913 Mar 19 low

*COMMENTARY* The break above $1.3997-$1.4000 on Monday was followed by a further

move through the next bands of resistance from between $1.4029-$1.4070. A high

of $1.4089 seen, just shy of the 61.8% Fibo retrace level at $1.4104 and perhaps

the stronger $1.4133-$1.4145 region . Monday's rise created some near term

overbought levels, so with the loss of $1.4015-$1.3996, support has been found

from $1.3983 ahead of$1.3950. Ideally pullbacks are now held above the latter.