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$1.1723 Support Key Today *RES....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: $1.1723 Support Key Today
*RES 4: $1.2095 Low Dec 31 2014 now resistance 2 
*RES 3: $1.1909 2017 High Aug 2 
*RES 2: $1.1861 Hourly support Aug 3 now support 
*RES 1: $1.1818 Hourly support Aug 2 now resistance
*PRICE: $1.1793 @ 0210GMT
*SUP 1: $1.1768 Hourly support Aug 7 
*SUP 2: $1.1723 Low July 31 
*SUP 3: $1.1671 Low July 28 
*SUP 4: $1.1648 Low July 27
*COMMENTARY: Failure to break the recent 2017 high combined with daily studies
looking to correct from O/B have taken their toll with a sell-off that eased
bullish pressure and hints at a move back to $1.1583-1.1648 where the 21-DMA
($1.1639) is located. Bears now look for a close below $1.1723 to add weight to
their case. Layers of resistance are building with bulls needing a close above
$1.1861 to return focus to 2017 highs.

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