1.1073 is the support to watch....>

EURO-DOLLAR TECHS: 1.1073 is the support to watch

*RES 3: 1.1191 High Aug 14

*RES 2: 1.1179 High Oct 21 and bull trigger

*RES 1: 1.1123 High Oct 25

*PRICE: 1.1094 16:20 GMT Oct 28

*SUP 1: 1.1073 Low Oct 25

*SUP 2: 1.1064/62 38.2% of Oct 1 - Oct 21 climb / 50-day EMA

*SUP 3: 1.1023/29 Low Oct 16 / 50.0% of Oct 1 - Oct 21 climb

The pair attempted a minor recovery Monday, but it remains too too early to tell

whether last week's correction is over. A move below Friday's 1.1073 low would

confirm a resumption of the recent pullback and allow for a deeper correction

towards 1.1064 and 1.1029, both retracement levels. The 50-day EMA is at 1.1062

and also represents an area of support that, if breached would weigh on the

pair. Initial resistance is 1.1123, a break is required to shift the near-term

focus.