Pushing Lower, $1.3437 Now Key Near.....>

CABLE TECHS: Pushing Lower, $1.3437 Now Key Near Term Resistance

*RES 4: $1.3550/65 Dec 1 high, projection target from $1.3062

*RES 3: $1.3505/10 Hourly congestion area Nov 30-Dec 4

*RES 2: $1.3461/70 Hourly high Dec 5, congestion Dec 4-5

*RES 1: $1.3425/37 Hourly resistance, Dec 6 high

*PRICE: $1.3382 @0925GMT

*SUP 1: $1.3358 Dec 6 low

*SUP 2: $1.3338/45 Oct 13 high, 1.618 swing $1.3419-$1.3539

*SUP 3: $1.3314 1.618 swing of $1.3370-$1.3461

*SUP 4: $1.3299 76.4% Fibo of $1.3221-$1.3550

*COMMENTARY* Still pushing lower, the $1.3370-74 area giving way on Wednesday, a

low of $1.3358 so far, as we approach the next key area between $1.3345-$1.3338.

Resistance meanwhile, is from between $1.3425 and yesterday's $1.3437 high. Any

hopes of a recovery would currently receive a boost with a move back above here,

with $1.3461-$1.3510 then the next barrier to surmount. Below $1.3338 and look

to the swing target at $1.3314 and Fibo retrace at $1.3299.