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Bulls Need Close Above $1.1838....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Bulls Need Close Above $1.1838
*RES 4: $1.2032 High May 2
*RES 3: $1.2019 200-DMA
*RES 2: $1.1889 Alternating daily support/resistance
*RES 1: $1.1838 High May 17
*PRICE: $1.1780 @ 2130GMT
*SUP 1: $1.1715 2018 Low May 21 
*SUP 2: $1.1690 High Nov 3 now support 
*SUP 3: $1.1684 Bollinger band base 
*SUP 4: $1.1552 Monthly Low Nov 7
*COMMENTARY: Fresh 2018 lows Monday lacked follow through with the pair bouncing
from ahead of the Bollinger band base. In saying that, bulls continue to look
for a close above $1.1838 to gain breathing room and above $1.1889 to target a
correction back to $1.2019-1.2053 where the 200-DMA is noted. While $1.1838 caps
bears retain immediate focus on $1.1690-1.1715 with overall focus on $1.1552 Now
lows.

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