$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: $1.2355 @ 0210GMT

*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 ($1.2211)

last week 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 $1.2435 needed to return initial focus to 2018 highs. Bears now look

for a close below $1.2251 to retain focus on the $1.2092 support.