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$1.1826-80 Resistance Region......>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: $1.1826-80 Resistance Region Key
*RES 4: $1.1858 High Oct 19 
*RES 3: $1.1829 Daily Bear channel top 
*RES 2: $1.1826 Hourly resistance Oct 20 
*RES 1: $1.1793 High Oct 24
*PRICE: $1.1755 @ 0430GMT
*SUP 1: $1.1742 Low Oct 24 
*SUP 2: $1.1725 Low Oct 23 
*SUP 3: $1.1716 Hourly resistance Oct 6 now support 
*SUP 4: $1.1669 Low Oct 6
*COMMENTARY: Rallies the past two weeks remained capped ahead of the daily bear
channel top with focus having shifted to layers of support $1.1583-1.1669. Bulls
look for a close above the 21-DMA ($1.1777) to gain breathing room. The
$1.1826-80 resistance region remains key. Bulls need a close above $1.1880 to
confirm a break of the bear channel top ($1.1829) & 55-DMA ($1.1839) and shift
focus back to $1.2033.

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