Above $1.2446 To Target...........>

EURO-DOLLAR TECHS: Above $1.2446 To Target $1.2555-1.2625

*RES 4: $1.2446 High Mar 8

*RES 3: $1.2427 Bollinger band top

*RES 2: $1.2412 High Mar 14

*RES 1: $1.2388 High Mar 22

*PRICE: $1.2374 @ 0430GMT

*SUP 1: $1.2285 Low Mar 22 

*SUP 2: $1.2240 Low Mar 20 

*SUP 3: $1.2180 Daily Bull channel base off Nov Low 

*SUP 4: $1.2153 Low Mar 1

*COMMENTARY: Follow through above the falling TL ($1.2361) off 2018 highs has

been lacking with bears taking comfort in the rejection ahead of $1.2412-46

where the Bollinger top is noted. Bulls need a close above $1.2446 to confirm

focus on $1.2555-2625 where the LT bear channel top off 2008 highs is found.

Bears continue to look for a close below $1.2240 to confirm focus on

$1.2092-1.2180 with the 100-DMA at $1.2095.