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Finds Support *RES 4: 1.1179......>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Finds Support
*RES 4: 1.1179 Oct 21 high and key bull trigger
*RES 3: 1.1140 High Nov 5
*RES 2: 1.1093 High Nov 6
*RES 1: 1.1073 Former double top midpoint
*PRICE: 1.1053 17:44 GMT Nov 15
*SUP 1: 1.0989 Low Nov 14
*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 rallied Friday to extend the recovery that began Thursday. It is too
early to tell whether this marks the end of the recent sell-off. For now,
attention is on resistance at 1.1073, Oct 25 low and the former double top
mid-point. A break above this resistance and above 1.1093, Nov 6 high is needed
to signal the possibility of a stronger recovery. The key near-term support is
1.0989, Thursday's low. A break would resume the bearish theme.

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