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$1.1790-1.1861 Resistance.........>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: $1.1790-1.1861 Resistance Region Key
*RES 4: $1.1861 Hourly support Aug 3 now resistance 
*RES 3: $1.1810 Hourly support Aug 14 now resistance 
*RES 2: $1.1790 High Aug 17 
*RES 1: $1.1763 Hourly support Aug 16 now resistance
*PRICE: $1.1733 @ 0430GMT
*SUP 1: $1.1709 Hourly support Aug 18 
*SUP 2: $1.1663 Low Aug 17 
*SUP 3: $1.1648 Low July 27 
*SUP 4: $1.1611 Low July 26
*COMMENTARY: Support continues to emerge on dips below $1.1700 which provides
bulls some comfort but a close above $1.1810 remains needed to gain breathing
room with above $1.1861 to shift focus back to $1.1902-1.2033. Below $1.1663 is
needed to shift focus to the bull channel base. The base comes in around $1.1593
with bears needing a close below $1.1583 to confirm a break and initially target
the 55-DMA ($1.1487).

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