Breaks (a few) key supports:......>

EURO-DOLLAR TECHS: Breaks (a few) key supports:

*RES 4: 1.1313/44 200-dma / Low Jun 25

*RES 3: 1.1302 50% retracement of the Jun 25-Jul 9 sell-off

*RES 2: 1.1286/88 High Jul 11 and Jul 5 / Bull trigger

*RES 1: 1.1246/52 100-dma / cloud top

*PRICE: 1.1155 @ 15:26 GMT July 23

*SUP 1: 1.1148 Intraday low

*SUP 2: 1.1148 2% lower Bollinger band

*SUP 3: 1.1116 May 30 low

*SUP 4: 1.1107 May 25 low

EURUSD came under further pressure in US hours, sending the pair to fresh lows

of 1.1148 as the USD ran rampant. Losses were somewhat stemmed, however, by

poorer than expected US existing home sales numbers, keeping the 2% lower

Bollinger Band as the first key support line. If this gives way, attention turns

to recent lows of 1.1116 and 1.1107, the cycle low. The pair needs to recover

1.1288 to reinstate a bullish theme.