Eyeing Further Weakness *RES 4:...>

EURO-DOLLAR TECHS: Eyeing Further Weakness

*RES 4: 1.1140 High Nov 5

*RES 3: 1.1093 High Nov 6

*RES 2: 1.1073 Former double top midpoint

*RES 1: 1.1043 Nov 11 high

*PRICE: 1.0998 05:33 GMT Nov 14

*SUP 1: 1.0994/91 61.8% of Oct 1 - Oct 21 rally / Low Oct 15

*SUP 2: 1.0967 Double top projection

*SUP 3: 1.0950 76.4% of Oct 1 - Oct 21 climb

*SUP 4: 1.0904 Oct 2 low

EURUSD maintains a weaker note, holding onto the weeks lows thus far. The

bearish bias follows the recent double top confirmation on Nov 5 when prices

traded through support at 1.1073, Oct 25 low. The double top is not a

significant reversal and at the very least is allowing a correction to unfold

following the reversal of the Oct 1- Oct 21 rally. The pattern projects a move

to 1.0967. Resistance is seen at 1.1073, the double top midpoint.