Above $1.2477 To Target LT Bear...>

EURO-DOLLAR TECHS: Above $1.2477 To Target LT Bear Channel Top

*RES 4: $1.2603 LT Bear channel top off 2008 high

*RES 3: $1.2555 2018 High Feb 16

*RES 2: $1.2477 High Mar 27

*RES 1: $1.2418 Daily Bear channel top

*PRICE: $1.2374 @ 0210GMT

*SUP 1: $1.2334 55-DMA 

*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 daily bear channel top off 2018 highs continues to confirm

significance having capped Tuesday. Bulls continue to look for a close above

$1.2477 to confirm focus on $1.2555-1.2603 where 2018 highs & the LT bear

channel top off 2008 highs are located. Bulls take comfort in the 55-DMA

supporting with a close below $1.2290 needed to return initial focus to

$1.2153-1.2209 where the 100-DMA ($1.2192) is situated.