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Above $1.1889 To Target...........>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Above $1.1889 To Target $1.2015-53
*RES 4: $1.1889 Alternating daily support/resistance
*RES 3: $1.1854 High May 16
*RES 2: $1.1782 21-DMA
*RES 1: $1.1750 High May 24
*PRICE: $1.1688 @ 2130GMT
*SUP 1: $1.1640 Low May 31 
*SUP 2: $1.1594 Hourly support May 30 
*SUP 3: $1.1549 Hourly resistance May 30 now support 
*SUP 4: $1.1506 2018 Low May 29
*COMMENTARY: O/S daily studies appear to be impacting with a rally from ahead of
2018 lows Wednesday. Bulls take comfort in support emerging around $1.1640 with
a close below now needed to ease pressure on layers of resistance $1.1750-1.1889
and below $1.1594 to pressure 2018 lows. Overall the $1.1311-1.1489 support
region remains key. Bulls now need a close above $1.1889 to shift immediate
focus back to $1.2015-53 where the 200-DMA is situated.

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