Above $1.1809-$1.1815 Needed To...>

EURO-DOLLAR TECHS: Above $1.1809-$1.1815 Needed To Generate Fresh Upside Focus

*RES 4: $1.1906 76.4% Fibo of $1.1961-$1.1730

*RES 3: $1.1873/77 61.8% of $1.1961-$1.1730, Dec 5 high

*RES 2: $1.1848 Dec 6 high

*RES 1: $1.1809/15 Nov 30 low, Dec 7 high

*PRICE: $1.1794 @1025GMT 

*SUP 1: $1.1745/55 Hourly support

*SUP 2: $1.1728/30 1.618 swing $1.1809-$1.1940, Dec 8 low

*SUP 3: $1.1709/13 61.8% of $1.1554-$1.1961, Nov 21 low

*SUP 4: $1.1694 1.618x 1.1961-$1.1809 from $1.1940

*COMMENTARY* The decline broke below key near term support from around the 76.4%

Fibo retrace level at $1.1773.  Below and there is still plenty of congested

support now from between $1.1728-$1.$1.1694, that is capable of providing

protection to the next key level, another 76.4% Fibo retrace at $1.1650.

Resistance from 1.1795 is under challenge but back above $1.1809-$1.1815 needed

to generate fresh upside interest.