$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: $1.1816 55-DMA 

*RES 1: $1.1810 Hourly resistance Sept 27a

*PRICE: $1.1802 @ 0830GMT

*SUP 1: $1.1773 Hourly support Sept 29 

*SUP 2: $1.1759 Hourly support Sept 28 

*SUP 3: $1.1709 Low Aug 18 

*SUP 4: $1.1661 Low Aug 17

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

gaining traction below the 55-DMA and on layers of support $1.1583-1.1661. The

Bollinger base ($1.1749) 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 the 55-DMA to ease bearish pressure and above $1.1862 to

shift focus higher.