Supported Ahead Of 55-DMA *RES 4:.......>

CABLE TECHS: Supported Ahead Of 55-DMA

*RES 4: $1.4257 200-WMA 

*RES 3: $1.4200 High Mar 28 

*RES 2: $1.4127 Hourly support Mar 28 now resistance 

*RES 1: $1.4091 Hourly resistance Mar 28

*PRICE: $1.4049 @ 0230GMT

*SUP 1: $1.3984 Low Mar 20 

*SUP 2: $1.3972 55-DMA 

*SUP 3: $1.3873 Low Mar 13 

*SUP 4: $1.3726 100-DMA

*COMMENTARY: Hesitation ahead of the 200-WMA resulted in a correction that sees

the pair flirting with the 55-DMA. Bears need a close below the 55-DMA to add

weight to the case for a correction back to $1.3873 with below targeting

$1.3710-54. Bulls now need a close above $1.4127 to gain breathing room and

above $1.4200 to return focus to $1.4257-1.4349 where the 200-WMA & 2018 high

are located.