Bullish Focus Returns *RES 4:.....>

EURO-DOLLAR TECHS: Bullish Focus Returns

*RES 4: 1.1282 High Jul 19

*RES 3: 1.1250 High Aug 146

*RES 2: 1.1199 200-DMA

*RES 1: 1.1179 High Oct 21 and bull trigger

*PRICE: 1.1162 05:35 GMT Oct 31

*SUP 1: 1.1073 Low Oct 25

*SUP 2: 1.1069/64 50-day EMA / 38.2% of Oct 1 - Oct 21 climb

*SUP 3: 1.1023/29 Low Oct 16 / 50.0% of Oct 1 - Oct 21 climb

*SUP 4: 1.0991 Low Oct 15

EURUSD rallied sharply higher yesterday closing the session just off the high of

the day. The strong move this week off the recent 1.1073 low refocuses attention

on key short-term resistance at 1.1179, Oct 21 high. Clearance of this level

would confirm a resumption of the uptrend and open a test of the 200-DMA at

1.1199. A break would expose 1.1250. Strong support has been defined at 1.1073

where a break is required to reinstate a bearish focus.