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Bull Rally Remains Intact *RES....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Bull Rally Remains Intact
*RES 4: 1.1495 High Mar 09
*RES 3: 1.1415 3.0% 10-dma envelope
*RES 2: 1.1370 38.2% 2018 - 2020 sell-off
*RES 1: 1.1362 High Jun 04
*PRICE: 1.1322 @ 16:33 BST Jun 4
*SUP 1: 1.1167 Low Jun 3
*SUP 2: 1.1115 Low Jun 2
*SUP 3: 1.1070 Low May 29
*SUP 4: 1.1001 20-day EMA
Post-ECB, EURUSD rallied sharply, adding to recent gains up to 1.1362. This
extends the winning streak to nine sessions and raises the likelihood of an
imminent test of the YTD high at 1.1495. Technically, momentum conditions are
signalling overbought, which may suggest further gains will be hard to come by,
although MA studies are still pointing north. Support remains at 1.1115.

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