Bulls Look For Close Above........>

EURO-DOLLAR TECHS: Bulls Look For Close Above $1.1862

*RES 4: $1.1937 Low Sept 22 now resistance 

*RES 3: $1.1891 Hourly support Sept 21 now resistance 

*RES 2: $1.1862 Low Sept 20 now resistance 

*RES 1: $1.1833 Low Sept 25 now resistance

*PRICE: $1.1787 @ 2030GMT

*SUP 1: $1.1773 Hourly support Sept 29 

*SUP 2: $1.1759 Hourly support Sept 28 

*SUP 3: $1.1709 Low Aug 18 

*SUP 4: $1.1661 Low Aug 17

*COMMENTARY: Bulls failed to trouble $1.1862 Friday with the pair looking a

little heavy to start the new week. Bulls continue to look for a close above

$1.1862 to hint at a move back to $1.2033-92 with above the 21-DMA ($1.1901) to

confirm. While $1.1862 caps bears retain the upper hand and remain focused on

$1.1583-1.1661 with a close below $1.1709 to add weight. The Bollinger base

($1.1744) is the key concern for bears and recently limited follow through.