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Finds Support From $1.1510 As.....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Finds Support From $1.1510 As Decline Continues This Week
*RES 4: $1.1676 May 23 low, now resistance
*RES 3: $1.1640/46 Intraday high, May 25 low
*RES 2: $1.1608 May 28 low, now resistance
*RES 1: $1.1590/95 Hourly resistance
*PRICE: $1.1559 @1548GMT 
*SUP 1: $1.1510/15 Intraday low, hourly support
*SUP 2: $1.1489 2% volatility band
*SUP 3: $1.1448 50% Fibo of $1.0340-$1.2556
*SUP 4: $1.1405 Equality fall from $1.1996 to $1.2414-$1.1823
*COMMENTARY* Has continued to fall today, most latterly through $1.1592-$1.1554
support. Next support comes from the $1.1515 area, with the lower 2% volatility
band situated at $1.1489 by time today. Resistance falls to $1.1590-$1.1595,
yesterday's $1.1608 low becomes the next barrier above, then the day's $1.1640
high. Loss of the 2% volatility band would caution, $1.1448-$1.1405 then next
target range below.

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