$1.1785-95 Resistance Keeps.......>

EURO-DOLLAR TECHS: $1.1785-95 Resistance Keeps Immediate Interest Lower

*RES 4: $1.1880 Oct 12 high

*RES 3: $1.1858 Oct 19-Oct 20 highs

*RES 2: $1.1826/27 Hourly low Oct 19, hourly high Oct 20

*RES 1: $1.1785/95 Hourly resistance

*PRICE: $1.1764 @0845GMT 

*SUP 1: $1.1725/30 Oct 23, Oct 18 lows

*SUP 2: $1.1705 Congestion area Oct 5-6

*SUP 3: $1.1681 1% volatility band

*SUP 4: $1.1649/51 Oct 6 low, 1.618 swing $1.1730-$1.1858

*COMMENTARY* Pressure back on the base of the recent consolidation, a low of

$1.1725 on Monday. The subsequent bounce helps to remove some of the resultant

oversold conditions but requires a move back through $1.1785-95 before any real

impetus will follow. Below $1.1725 and focus will switch to $1.1705 next, this

the protection to the lower 1% volatility band at $1.1681 and dual support

between $1.1651-$1.1649.