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Capped Ahead Of Key Resistance....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Capped Ahead Of Key Resistance
*RES 4: $1.2033 High Sept 20 
*RES 3: $1.1923 Bollinger band top 
*RES 2: $1.1880 High Oct 12 
*RES 1: $1.1858 High Oct 19
*PRICE: $1.1829 @ 0157GMT
*SUP 1: $1.1822 Hourly resistance Oct 19 now support 
*SUP 2: $1.1769 Hourly support Oct 19 
*SUP 3: $1.1731 Low Oct 18 
*SUP 4: $1.1716 Hourly resistance Oct 6 now support
*COMMENTARY: Downside follow through has been lacking the past two days as
support emerges on dips back to the 200-WMA ($1.1692). The recovery from the
week's lows so far has stalled ahead of the daily bear channel top ($1.1853) and
key $1.1880 resistance. Bulls need a close above $1.1880 to shift focus to
$1.2033. Bears now need a close below $1.1731 to reconfirm focus on
$1.1583-1.1669.

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