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$1.2167-1.2273 Support Region.....>

EURO-DOLLAR TECHS: $1.2167-1.2273 Support Region Key
*RES 4: $1.2515 Alternating hourly support/resistance
*RES 3: $1.2461 Hourly resistance Feb 16
*RES 2: $1.2435 High Feb 19
*RES 1: $1.2372 Hourly resistance Feb 20
*PRICE: $1.2331 @ 0530GMT
*SUP 1: $1.2312 Daily Bull channel base off Jan 10 low 
*SUP 2: $1.2273 Low Feb 14 
*SUP 3: $1.2205 Low Feb 9 
*SUP 4: $1.2167 Low Jan 17
*COMMENTARY: Rejection ahead of Dec 2014 monthly highs and the LT bear channel
top ($1.2649) off 2008 highs Friday sees immediate focus on the break of $1.2273
needed to confirm a break of the daily bull channel base. Overall focus is on
the break of $1.2167 to hint at a move back to $1.1915 and below $1.2089 to
confirm. Bulls need a close above $1.2461 to gain breathing room and above
$1.2515 to retain focus on the weekly bear channel top.

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