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Bullish Theme Remains Intact......>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Bullish Theme Remains Intact
*RES 4: 1.1286 High Jul 11 and 76.4% of the Jun 25 - Oct 1 decline
*RES 3: 1.1250 High Aug 6
*RES 2: 1.1228 High Aug 13
*RES 1: 1.1199/1208 High Dec 13 / 61.8% of the Jun 25 - Oct 1 decline
*PRICE: 1.1156 10:32 GMT Dec 17
*SUP 1: 1.1112 Low Dec 13
*SUP 2: 1.1103 Low Dec 12
*SUP 3: 1.1070 Low Dec 11
*SUP 4: 1.1040 Low Dec 6 and key support
EURUSD Is firmer this morning. The pair maintains a bullish outlook. Price
traded above 1.1179, Oct 21 high on Friday to confirm a resumption of the
uptrend that has been in place since early October. Momentum studies are bullish
reinforcing current trend conditions. However given Friday's rejection off the
high, a break above 1.1199 is also needed to reinforce the bullish theme.
Support is at 1.1103.

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