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EURO-DOLLAR TECHS: Below $1.1880 Pressures $1.1772-1.1813
*RES 4: $1.2033 High Sept 20
*RES 3: $1.2004 High Sept 22
*RES 2: $1.1992 Daily Bull channel top
*RES 1: $1.1961 High Nov 27
*PRICE: $1.1899 @ 2000GMT
*SUP 1: $1.1880 High Oct 12 now support
*SUP 2: $1.1836 Low Nov 24
*SUP 3: $1.1813 Hourly support Nov 23
*SUP 4: $1.1772 Daily Bull channel base
*COMMENTARY: Gains defined last week with the pair finding support ahead of the
21-DMA ($1.1717) and bulls taking comfort in the close above $1.1880 that sees
focus shift to $1.2033-1.2092 where 2017 highs are situated. O/B daily studies
and Bollinger top ($1.1921) are concerns for bulls. Bears need a close below
$1.1880 to ease bullish pressure and shift initial focus back to $1.1772-1.1813
where the bull channel base is noted.