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Cracks Key Support *RES 4:........>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Cracks Key Support
*RES 4: 1.1286 High Jul 11 and 76.4% of the Jun 25 - Oct 1 Decline
*RES 3: 1.1250 High Aug 6
*RES 2: 1.1239 High Dec 31 and bull trigger
*RES 1: 1.1206 High Jan 6
*PRICE: 1.1114 @ 16:56 GMT Jan 8
*SUP 1: 1.1109 Low Jan 8
*SUP 2: 1.1096 Low Dec 27
*SUP 3: 1.1066/65 Low Dec 20 / 100-dma
*SUP 4: 1.1040 Low Dec 6
Friday's low at 1.1125 gave way Wednesday, negating any bullish signals from
Friday's candle pattern. This opens 1.1096 initially and even 1.1066 should
losses be sustained. The latter is the Dec 20 low and a fall through here would
switch the outlook bearish. For bulls to regain control, resistance at 1.1168,
needs to be taken out before key intraday resistance at 1.1206, the Jan 6 high.

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