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$1.1889 Resistance Now Key *RES...>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: $1.1889 Resistance Now Key
*RES 4: $1.2019 200-DMA
*RES 3: $1.1889 Alternating daily support/resistance
*RES 2: $1.1838 High May 17
*RES 1: $1.1750 High May 24
*PRICE: $1.1718 @ 2130GMT
*SUP 1: $1.1674 2018 Low May 23 
*SUP 2: $1.1648 Bollinger band base 
*SUP 3: $1.1624 High Nov 6 now support 
*SUP 4: $1.1552 Monthly Low Nov 7
*COMMENTARY: Bears retain overall focus on tests of Nov lows at $1.1552
following fresh 2018 lows Wednesday. The Bollinger base is the key concern for
bears with potential to limit follow through. Layers of resistance remain adding
weight to the bearish case. Bulls now need a close above $1.1750 to gain
breathing room and above the $1.1889 to shift initial focus to $1.2019-1.2053
where the 200-DMA is noted.

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