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FRANCE AUCTION PREVIEW

MT OATs

POLAND

PLN Weakens Amid Quiet NBP

$1.1862 Resistance Key This.......>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: $1.1862 Resistance Key This Week
*RES 4: $1.1896 Daily Bear channel top 
*RES 3: $1.1862 Low Sept 20 now resistance 
*RES 2: $1.1838 55-DMA, 21-DMA 
*RES 1: $1.1788 High Oct 4
*PRICE: $1.1779 @ 0930GMT
*SUP 1: $1.1756 Hourly resistance Oct 9 now support 
*SUP 2: $1.1739 Hourly support Oct 10 
*SUP 3: $1.1716 Hourly resistance Oct 6 now support 
*SUP 4: $1.1661 Low Aug 17
*COMMENTARY: Follow through was lacking on fresh lows for the week Friday with
the pair finding support and bouncing ahead of the daily bear channel base and
layers of support $1.1583-1.1661. Below $1.1583 is needed to see bears shift
focus to $1.1477. Bulls now need a close above $1.1788 to hint at a correction
back to $1.1838-62 where 21 & 55-DMAs are noted. Daily studies correcting from
O/S are the key concern for bears.