$1.2372-1.2435 Resistance.........>

EURO-DOLLAR TECHS: $1.2372-1.2435 Resistance Region Key

*RES 4: $1.2604 Weekly Bear channel top

*RES 3: $1.2555 2018 High Feb 16

*RES 2: $1.2435 High Feb 19

*RES 1: $1.2372 Hourly resistance Feb 20

*PRICE: $1.2328 @ 0210GMT

*SUP 1: $1.2288 Hourly resistance Mar 2 now support

*SUP 2: $1.2251 Hourly support Mar 2 

*SUP 3: $1.2223 Hourly resistance Mar 1 now support 

*SUP 4: $1.2153 Low Mar 1

*COMMENTARY: The lack of follow through on the dip below the 55-DMA ($1.2202) is

a concern for bears given modestly O/S daily studies and the Bollinger base at

$1.2173. Immediate focus has returned to $1.2372-1.2435 with a close above

needed to return initial focus to 2018 highs. The $1.2092 support remains key.

Bears need a close below to end bullish hopes and initially target $1.1915-00

where the 100-DMA is located.