Below $1.1880 Pressures...........>

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: $1.1906 @ 0530GMT

*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 ($1.1728) and bulls taking comfort in the close above $1.1880 that saw

focus shift to $1.2033-1.2092 where 2017 highs are situated. O/B daily studies

and Bollinger top ($1.1943) 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.