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Bulls Now Target $1.2555-1.2625...>

EURO-DOLLAR TECHS: Bulls Now Target $1.2555-1.2625
*RES 4: $1.2813 Daily Bull channel top
*RES 3: $1.2770 High Oct 29 2014
*RES 2: $1.2604 Low Oct 10 2014 now resistance
*RES 1: $1.2555 2018 High Feb 16
*PRICE: $1.2443 @ 0210GMT
*SUP 1: $1.2417 Hourly resistance Mar 26 now support 
*SUP 2: $1.2340 Low Mar 26 
*SUP 3: $1.2285 Low Mar 22 
*SUP 4: $1.2240 Low Mar 20
*COMMENTARY: An aggressive rally to start the new week sees bulls in control
with focus now shifting to $1.2555-1.2625 where the LT bear channel top off 2008
highs is located. The Bollinger top ($1.2458) is the key concern for bulls with
daily studies well placed. Initial support is noted at $1.2417 with bears
needing a close below to ease bullish pressure and below $1.2240 to initially
pressure $1.2092-1.2186.

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