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Flirting With 21 & 55-DMAs *RES...>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Flirting With 21 & 55-DMAs
*RES 4: $1.2019 High Sept 20 
*RES 3: $1.1891 Hourly support Sept 21 now resistance 
*RES 2: $1.1888 Daily Bear channel top 
*RES 1: $1.1862 Low Sept 20 now resistance
*PRICE: $1.1818 @ 0930GMT
*SUP 1: $1.1795 Hourly support Oct 10 
*SUP 2: $1.1756 Hourly resistance Oct 9 now support 
*SUP 3: $1.1739 Hourly support Oct 10 
*SUP 4: $1.1716 Hourly resistance Oct 6 now support
*COMMENTARY: Follow through was lacking on fresh lows for the week Friday with
the pair finding support and bouncing ahead of the daily bear channel base and
layers of support $1.1583-1.1661. Below $1.1583 is needed to see bears shift
focus to $1.1477. This week has seen the pair recover lost ground flirt with 21
($1.1834) & 55 ($1.1841) DMAs. Bulls need a close above $1.1862 to shift focus
to $1.2019-92 and above $1.1891 to confirm.

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