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Bulls Need Close Above $1.1926....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Bulls Need Close Above $1.1926
*RES 4: $1.1995 High Sept 13 
*RES 3: $1.1964 Hourly support Sept 13 now resistance 
*RES 2: $1.1926 Low Sept 12 now resistance 
*RES 1: $1.1903 Hourly support Sept 6 now resistance
*PRICE: $1.1876 @ 0200GMT
*SUP 1: $1.1868 Low Sept 5 
*SUP 2: $1.1823 Low Sept 1 
*SUP 3: $1.1799 Daily Bull channel base 
*SUP 4: $1.1721 55-DMA
*COMMENTARY: The correction from 2017 highs continues with the pair flirting
with the 21-DMA ($1.1872). Bears focus on $1.1799-1.1823 where the daily bull
channel base is located with below $1.1868 to add weight to their case.
Resistance layers are building with bulls needing a close above $1.1926 to ease
immediate bearish pressure and above $1.2045 to reconfirm initial focus on 2017
highs. Daily studies are well placed for a fresh leg lower.

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