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$1.1829-84 Resistance Key *RES....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: $1.1829-84 Resistance Key
*RES 4: $1.1862 Low Sept 20 now resistance 
*RES 3: $1.1833 Low Sept 25 now resistance 
*RES 2: $1.1829 55-DMA 
*RES 1: $1.1788 High Oct 4
*PRICE: $1.1764 @ 1930GMT
*SUP 1: $1.1730 Alternating hourly support/resistance 
*SUP 2: $1.1696 Low Oct 3 
*SUP 3: $1.1667 Daily Bear channel base 
*SUP 4: $1.1661 Low Aug 17
*COMMENTARY: Follow through was lacking on Tuesday's break of $1.1710 which is
less than ideal given daily studies looking to correct from O/S. Layers of
resistance remain with bulls now needing a close above $1.1788 to hint at a
correction back to $1.1829-84 where 21 & 55-DMAs are noted. Above the 21-DMA
($1.1884) then targets $1.2033-92. Bears now need a close below $1.1732 to
retain focus on $1.1583-1.1667.

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