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Bears Need Close Below $1.1823....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Bears Need Close Below $1.1823
*RES 4: $1.2070 High Aug 29 
*RES 3: $1.2009 Hourly support Aug30a now resistance 
*RES 2: $1.1984 High Aug 30 
*RES 1: $1.1922 High Sept 4
*PRICE: $1.1901 @ 0210GMT
*SUP 1: $1.1889 Hourly support Sept 4 
*SUP 2: $1.1826 21-DMA 
*SUP 3: $1.1823 Low Sept 1 
*SUP 4: $1.1730 Low Aug 21
*COMMENTARY: Having lacked follow through on fresh 2017 and 2+ year highs last
week the pair saw pressure return to the 21-DMA with the rejection ahead of
$1.1984 Friday a concern for bulls. In saying that, bears now need a close below
$1.1823 to confirm an easing of bullish pressure and shift focus to
$1.1648-1.1730 where the channel base is noted. Bulls still need a close above
$1.1984 to reconfirm focus on the bull channel top ($1.2175).

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