Sub 55-WMA Weekly Close *RES 4:.........>

CABLE TECHS: Sub 55-WMA Weekly Close

*RES 4: $1.3445 Hourly resistance May 22 

*RES 3: $1.3421 Low May 23 

*RES 2: $1.3406 55-WMA 

*RES 1: $1.3351 Hourly resistance May 25

*PRICE: $1.3318 @ 0220GMT

*SUP 1: $1.3293 2018 Low May 25 

*SUP 2: $1.3219 Low Nov 28 

*SUP 3: $1.3065 100-WMA 

*SUP 4: $1.3037 Monthly Low Nov 3

*COMMENTARY: Pressure on the pair resulted in a weekly close below the 55-WMA

which adds weight to the case for a move currently targeting $1.2995.-1.3065.

Bears now look for a close below $1.3293 to add additional weight as layers of

resistance continue to build. Bulls now need a close above $1.3421 to gain

breathing room and above $1.3617 to hint at a move back to $1.3792-1.3893 where,

55 ($1.3851) & 100 ($1.3882) DMAs are noted.