Trial now
US TSYS SUMMARY

Risk-On Ahead July Employment Report

SOUTH AFRICA

New Finance Minister Godongwana Profile

AUDUSD TECHS

Bearish Focus

$1.1644-$1.1680 The Bar To Any....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: $1.1644-$1.1680 The Bar To Any Further Recovery Hopes
*RES 4: $1.1753 Oct 25 low, now resistance
*RES 3: $1.1725/30 Oct 23, Oct 18 lows, now resistance
*RES 2: $1.1675/80 Hourly highs Oct 26
*RES 1: $1.1644 Oct 27 high
*PRICE: $1.1633 @0945GMT 
*SUP 1: $1.1574 Oct 27 low
*SUP 2: $1.1531 5 week bear channel base projection
*SUP 3: $1.1506 1.618 swing of $1.1649-$1.1880, 2% vol band
*SUP 4: $1.1446 Jun 29 high, now support
*COMMENTARY* In the slightly bigger picture, the failure to regain the head and
shoulders neckline, at $1.1903 by time today, over the last month, has finally
conspired to send us lower. The loss of the Oct 6 low at $1.1649 and also the
1.618 projection target at $1.1615, now sees Friday's $1.1574 low as protection
against a fall into the lower $1.15's. As a result, resistance also falls,
$1.1644-$1.1680 initially, then from the recent $1.1725-$1.1730 lows.