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$1.2156 & 1.2322 Levels Key.......>

EURO-DOLLAR TECHS: $1.2156 & 1.2322 Levels Key This Week
*RES 4: $1.2569 Monthly High Dec 16 2014
*RES 3: $1.2360 Low Dec 10 2014 now resistance
*RES 2: $1.2322 2018 High Jan 17
*RES 1: $1.2295 High Jan 19
*PRICE: $1.2227 @ 0200GMT
*SUP 1: $1.2217 Low Jan 19 
*SUP 2: $1.2156 Hourly resistance Jan 12 now support 
*SUP 3: $1.2111 Hourly support Jan 12 
*SUP 4: $1.2075 Hourly resistance Jan 12a now support
*COMMENTARY: The lack of topside follow through on fresh 2018 & 3+yr highs was a
concern for bulls given daily studies overdue a correction from O/B levels.
Bears now need a close below $1.2156 to confirm an easing of bullish pressure
and below $1.2075 to shift focus back to $1.1853-1.1914 where key DMAs are
noted. Bulls need a close above $1.2322 to reconfirm focus on the LT bear
channel top $1.2686.

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