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Above $1.1880 To Target...........>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Above $1.1880 To Target 1.2033-92
*RES 4: $1.2033 High Sept 20
*RES 3: $1.2004 High Sept 22
*RES 2: $1.1880 High Oct 12
*RES 1: $1.1861 High Nov 15
*PRICE: $1.1822 @ 0220GMT
*SUP 1: $1.1813 Hourly support Nov 23 
*SUP 2: $1.1800 Hourly resistance Nov 22 now support 
*SUP 3: $1.1772 Hourly support Nov 22 
*SUP 4: $1.1731 Low Nov 22
*COMMENTARY: Bulls take comfort in support emerging ahead of the key 21-DMA
($1.1688) support with the close above the 55-DMA ($1.1779) adding support to
the case for a test of the key $1.1880 resistance. Bulls need a close above
$1.1880 to shift focus to $1.2033. Support layers are building with bears
needing a close below $1.1772 to ease immediate bullish pressure. Below the
21-DMA remains needed to target $1.1554.

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