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$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 @ 2030GMT
*SUP 1: $1.2251 Hourly support Mar 2 
*SUP 2: $1.2223 Hourly resistance Mar 1 now support 
*SUP 3: $1.2153 Low Mar 1 
*SUP 4: $1.2092 High Jan 4 now support
*COMMENTARY: The lack of follow through on the dip below the 55-DMA ($1.2202)
was 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.

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