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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.

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