Bulls Need Close Above $1.1926....>

EURO-DOLLAR TECHS: Bulls Need Close Above $1.1926

*RES 4: $1.2045 Hourly resistance Sept 8 

*RES 3: $1.1995 High Sept 13 

*RES 2: $1.1964 Hourly support Sept 13 now resistance 

*RES 1: $1.1926 Low Sept 12 now resistance

*PRICE: $1.1906 @ 0430GMT

*SUP 1: $1.1868 Hourly support Sept 14 

*SUP 2: $1.1838 Low Sept 14 

*SUP 3: $1.1823 Low Sept 1 

*SUP 4: $1.1821 Daily Bull channel base

*COMMENTARY: The correction from 2017 highs continues with the pair flirting

with the 21-DMA ($1.1898). Bears continue to focus on $1.1821-23 where the daily

bull channel base is although the recovery from the day's lows Thursday is less

than ideal. Bulls still need a close above $1.1926 to ease immediate bearish

pressure and above $1.2045 to reconfirm initial focus on retests of 2017 highs

with overall focus on the channel top ($1.2264).