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Bears Need Close Below $1.1916....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Bears Need Close Below $1.1916
*RES 4: $1.2131 Daily Bull channel top 
*RES 3: $1.2092 Low Jan 1 2016 now resistance 
*RES 2: $1.2070 2017 High Aug 29 
*RES 1: $1.2009 Hourly support Aug 29 now resistance
*PRICE: $1.1983 @ 0430GMT
*SUP 1: $1.1943 Hourly resistance Aug 28 now support 
*SUP 2: $1.1916 Hourly support Aug 25 
*SUP 3: $1.1890 Hourly resistance Aug 25 now support 
*SUP 4: $1.1861 Alternating hourly support/resistance
*COMMENTARY: Fresh 2017 highs continued Tuesday as bulls focus on the daily bull
channel top around $1.2131 today. The Bollinger top ($1.1975) appears to be
impacting with the pair capped ahead of $1.2092 for now. Layers of support
remain with bears still needing a close below $1.1916 to ease bullish pressure
and below $1.1828 to shift focus back to $1.1665-77 where the bull channel base
is noted.

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