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Bulls Now Need Close Above........>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Bulls Now Need Close Above $1.1861
*RES 4: $1.2057 Daily Bull channel top 
*RES 3: $1.1909 2017 High Aug 2 
*RES 2: $1.1861 Hourly support Aug 3 now resistance 
*RES 1: $1.1828 High Aug 21
*PRICE: $1.1812 @ 0430GMT
*SUP 1: $1.1790 High Aug 17 now support 
*SUP 2: $1.1773 High Aug 18 now support 
*SUP 3: $1.1709 Hourly support Aug 18 
*SUP 4: $1.1663 Low Aug 17
*COMMENTARY: Support emerging on dips below $1.1700 the past week provided the
catalyst for a rally Monday with bulls now needing a close above $1.1861 to
shift focus back to $1.1902-1.2057. Support layers are following the pair higher
with bears now needing a close below $1.1773 to shift focus back to
$1.1663-1.1709. Daily studies correcting from modestly O/S adds support to the
bullish case.

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