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$1.1992-1.2045 Resistance.........>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: $1.1992-1.2045 Resistance Region Key
*RES 4: $1.2187 High Dec 30 2014 
*RES 3: $1.2092 2017 High Sept 8 
*RES 2: $1.2045 Hourly resistance Sept 8 
*RES 1: $1.1992 Hourly resistance Sept 11
*PRICE: $1.1985 @ 0200GMT
*SUP 1: $1.1926 Low Sept 12 
*SUP 2: $1.1903 Hourly support Sept 6 
*SUP 3: $1.1868 Low Sept 5 
*SUP 4: $1.1823 Low Sept 1
*COMMENTARY: Friday's lack of topside follow through was followed up Monday with
a close below $1.1984 that confirmed an easing of bullish pressure and sees
immediate focus on tests of $1.1823-87 where the 21-DMA is situated. Overall
bearish focus is on the daily bull channel base ($1.1788). Bulls continue to
look for a close above $1.1992 to gain breathing room and above $1.2045 to
return initial focus to retests of recent 2017 highs.

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