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Bulls Need Close Above $1.1750....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Bulls Need Close Above $1.1750
*RES 4: $1.2018 200-DMA
*RES 3: $1.1889 Alternating daily support/resistance
*RES 2: $1.1838 High May 17
*RES 1: $1.1750 High May 24
*PRICE: $1.1684 @ 2130GMT
*SUP 1: $1.1643 2018 Low May 25 
*SUP 2: $1.1628 Bollinger band base 
*SUP 3: $1.1624 High Nov 6 now support 
*SUP 4: $1.1552 Monthly Low Nov 7
*COMMENTARY: Bears retain overall focus on tests of Nov lows at $1.1552
following fresh 2018 lows again Friday. The Bollinger base & O/S studies are the
key concern with potential to limit follow through. Layers of resistance remain
adding weight to the bearish case. Bulls still need a close above $1.1750 to
gain breathing room and above the $1.1889 to shift initial focus to
$1.2018-1.2053 where the 200-DMA is noted.

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