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Remains Capped Ahead Of 200-WMA *RES....>

CABLE TECHS
CABLE TECHS: Remains Capped Ahead Of 200-WMA
*RES 4: $1.4286 High Jan 26 
*RES 3: $1.4243 200-WMA, Monthly High Mar 27 
*RES 2: $1.4238 Bollinger band top 
*RES 1: $1.4222 High Apr 11
*PRICE: $1.4183 @ 0220GMT
*SUP 1: $1.4145 Hourly support Apr 10 
*SUP 2: $1.4104 High Apr 6 now support 
*SUP 3: $1.4068 Hourly support Apr 6 
*SUP 4: $1.4026 Hourly resistance Apr 6 now support
*COMMENTARY: The pair failed to gain traction below the 55-DMA ($1.4003) last
week despite dips below and has worked its way back towards the 200-WMA and the
$1.4243-1.4349 resistance as a while. Bulls need a weekly close above this
region to target $1.5018 2016 highs. Bears now need a close below $1.4104 to
ease bullish pressure and target a correction back to the $1.3873-1.3963 support
region.

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