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Above $1.2476 To Target...........>

EURO-DOLLAR TECHS: Above $1.2476 To Target $1.2555-1.2611
*RES 4: $1.2555 2018 High Feb 16
*RES 3: $1.2477 High Mar 27
*RES 2: $1.2431 Daily Bear channel top
*RES 1: $1.2395 High Apr 11
*PRICE: $1.2368 @ 0210GMT
*SUP 1: $1.2325 Hourly support Apr 10 
*SUP 2: $1.2290 High Apr 6 now support 
*SUP 3: $1.2257 Hourly support Apr 6 
*SUP 4: $1.2209 Low Apr 6
*COMMENTARY: The recovery from last week's dips below the bull channel base sees
closes above the 55-DMA ($1.2338) with bulls now looking for a close above
$1.2477 to confirm a return in focus to $1.2555-1.2611 where the LT bear channel
top off 2018 highs is located. Support layers accumulating is a concern for
bears. Initial support is noted at $1.2325 but bears need a close below $1.2290
to return focus to $1.2153-1.2209.

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