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Capped Ahead Of Key Resistance....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Capped Ahead Of Key Resistance
*RES 4: $1.1880 High Oct 12 
*RES 3: $1.1858 High Oct 19 
*RES 2: $1.1826 Hourly resistance Oct 20 
*RES 1: $1.1790 Hourly resistance Oct 20a
*PRICE: $1.1763 @ 0200GMT
*SUP 1: $1.1731 Low Oct 18 
*SUP 2: $1.1716 Hourly resistance Oct 6 now support 
*SUP 3: $1.1669 Low Oct 6 
*SUP 4: $1.1661 Low Aug 17
*COMMENTARY: Rallies the past two weeks have remained capped ahead of the daily
bears channel top with the pair ending the week on a heavy note with immediate
focus on $1.1731 to start the new week. Bears need a close below $1.1731 to
reconfirm focus on $1.1583-1.1669. Resistance layers building are weighing with
layers of resistance $1.1826-80 key. Bulls continue to look for a close above
$1.1880 to shift focus back to $1.2033.

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