$1.1690 Support Remains Key.......>

EURO-DOLLAR TECHS: $1.1690 Support Remains Key

*RES 4: $1.1940 High Dec 1

*RES 3: $1.1884 Alternating hourly support/resistance

*RES 2: $1.1862 High Dec 14

*RES 1: $1.1834 Hourly resistance Dec 15

*PRICE: $1.1787 @ 0530GMT

*SUP 1: $1.1745 Daily Bull channel base (off Nov Low) 

*SUP 2: $1.1713 Low Nov 21 

*SUP 3: $1.1690 High Nov 3 now support 

*SUP 4: $1.1621 Low Nov 10

*COMMENTARY: Support continues to emerge on dips back towards the key $1.1690

level. Bears continue to look for a close below $1.1690 to initially target

$1.1552 Nov lows. Modestly O/S daily studies are the key concern for bears.

Topside follow through was lacking Monday with bulls continuing to look for a

close above $1.1884 to see focus return to the $1.1940-1.1962 region with above

$1.1962 to pressure 2017 highs.