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

EURO-DOLLAR TECHS: $1.1826-80 Resistance Region Key

*RES 4: $1.1880 High Oct 12 

*RES 3: $1.1858 High Oct 19 

*RES 2: $1.1826 Hourly resistance Oct 20 

*RES 1: $1.1821 Daily Bear channel top

*PRICE: $1.1808 @ 1930GMT

*SUP 1: $1.1800 Hourly support Oct 25 

*SUP 2: $1.1742 Low Oct 24 

*SUP 3: $1.1725 Low Oct 23 

*SUP 4: $1.1716 Hourly resistance Oct 6 now support

*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. The

likely close above the 21-DMA sees bulls gain breathing room but a close above

$1.1880 remains needed to confirm breaks of the channel top and 55-DMA

($1.1840), shifting focus back to $1.2033. Bears now need a close below $1.1800

to ease pressure on key resistance.