$1.1810-62 Resistance Key *RES....>

EURO-DOLLAR TECHS: $1.1810-62 Resistance Key

*RES 4: $1.1862 Low Sept 20 now resistance 

*RES 3: $1.1833 Low Sept 25 now resistance 

*RES 2: $1.1810 Hourly resistance Sept 27a 

*RES 1: $1.1777 Hourly resistance Sept 27

*PRICE: $1.1730 @ 0430GMT

*SUP 1: $1.1709 Low Aug 18 

*SUP 2: $1.1661 Low Aug 17 

*SUP 3: $1.1611 Low July 26 

*SUP 4: $1.1583 High July 18 now support

*COMMENTARY: Losses have defined the week so far with bears taking comfort in

the pair gaining traction below the 55-DMA ($1.1809) and focus having shifted to

layers of support $1.1583-1.1661. The Bollinger base ($1.1754) is the key

concern for bears and currently limits follow through. Layers of resistance are

adding to bearish confidence with bulls now needing a close above $1.1810 to

ease bearish pressure and above $1.1862 to shift focus higher.