Below $1.1763 To Hint At..........>

EURO-DOLLAR TECHS: Below $1.1763 To Hint At Correction

*RES 4: $1.2352 High Dec 18 2014 

*RES 3: $1.2254 High Dec 25 2014 

*RES 2: $1.2095 Low Dec 31 2014 now resistance 2 

*RES 1: $1.1909 2017 High Aug 2

*PRICE: $1.1886 @ 0430GMT

*SUP 1: $1.1861 Hourly support Aug 3 

*SUP 2: $1.1818 Hourly support Aug 2 

*SUP 3: $1.1784 Low Aug 1 

*SUP 4: $1.1763 Hourly resistance July 31 now support

*COMMENTARY: O/B daily studies looking to correct remain the key concern for

bulls as pressure returns to 2017 highs. Bulls look for a close above $1.1909 to

reconfirm the bullish bias and retain focus on $1.2254. Support layers are again

building. Bears need a close below $1.1.1818 to gain breathing room and below

$1.1763 to add weight to the case for a move back to $1.1583-1.1648 where the

21-DMA ($1.1625) is located.