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$1.1861-1.1909 Resistance.........>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: $1.1861-1.1909 Resistance Region Key
*RES 4: $1.1976 High Jan 5 2015 
*RES 3: $1.1909 2017 High Aug 2 
*RES 2: $1.1861 Hourly support Aug 3 now resistance 
*RES 1: $1.1828 High Aug 21
*PRICE: $1.1800 @ 0430GMT
*SUP 1: $1.1773 Alternating hourly support/resistance 
*SUP 2: $1.1740 Low Aug 23 
*SUP 3: $1.1709 Hourly support Aug 18 
*SUP 4: $1.1663 Low Aug 17
*COMMENTARY: The pair continues to find support on dips with the rally seeing
pressure return to key resistance layers. Bulls look for a close above $1.1861
to test 2017 highs with a close above current 2017 highs needed to target
$1.1976-1.2068 where the bull channel top is located. Daily studies remain well
placed for a fresh leg higher. Bears now look for a close below $1.1773 to ease
pressure on resistance layers and below $1.1740 to pressure $1.1583-1.1663.

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