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Bears Focused On $1.1552 *RES.....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Bears Focused On $1.1552
*RES 4: $1.2032 High May 2
*RES 3: $1.2019 200-DMA
*RES 2: $1.1889 Alternating daily support/resistance
*RES 1: $1.1838 High May 17
*PRICE: $1.1753 @ 0210GMT
*SUP 1: $1.1716 Monthly Low Dec 12 
*SUP 2: $1.1690 High Nov 3 now support 
*SUP 3: $1.1682 Bollinger band base 
*SUP 4: $1.1552 Monthly Low Nov 7
*COMMENTARY: The pair remains offered with fresh 2018 lows and bears initially
focused on $1.1690-1.1716 with overall focus on $1.1552 Now lows. Daily studies
lingering around modestly O/S levels is less than ideal for bears with the
Bollinger base also expected to limit follow through. Bulls now look for a close
above $1.1838 to gain breathing room and above $1.1889 to target a correction
back to $1.1960-1.2053 where 21 & 200-DMAs are noted.

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