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Bull Run Pauses *RES 4: 1.1514....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Bull Run Pauses
*RES 4: 1.1514 High Jan 31, 2019
*RES 3: 1.1495 High Mar 09
*RES 2: 1.1415 3.0% 10-dma envelope
*RES 1: 1.1384 Intraday high
*PRICE: 1.1305 @ 16:40 BST Jun 5
*SUP 1: 1.1195 Low Jun 4
*SUP 2: 1.1167 Low Jun 3
*SUP 3: 1.1115 Low Jun 2
*SUP 4: 1.1070 Low May 29
EURUSD rallied sharply across the week. Thursday's gains extended the winning
streak to nine sessions, which raises the likelihood of an imminent test of the
YTD high at 1.1495. Technically, momentum conditions are registering as
overbought, which may suggest further gains will be hard to come by, although MA
studies are still pointing north. Firm support remains at 1.1115, Jun 2 low.

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