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

EURO-DOLLAR TECHS: $1.1810-62 Resistance Key

*RES 4: $1.1891 Hourly support Sept 21 now resistance 

*RES 3: $1.1862 Low Sept 20 now resistance 

*RES 2: $1.1833 Low Sept 25 now resistance 

*RES 1: $1.1810 Hourly resistance Sept 27a, 55-DMA

*PRICE: $1.1784 @ 2030GMT

*SUP 1: $1.1759 Hourly support Sept 28 

*SUP 2: $1.1709 Low Aug 18 

*SUP 3: $1.1661 Low Aug 17 

*SUP 4: $1.1611 Low July 26

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

gaining traction below the 55-DMA and focus having shifted to layers of support

$1.1583-1.1661. The Bollinger base ($1.1764) is the key concern for bears and

currently limits follow through. Layers of resistance are adding to bearish

confidence with bulls needing a close above $1.1810 to ease bearish pressure and

above $1.1862 to shift focus higher.