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Focus Back On $1.1774-1.1813......>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Focus Back On $1.1774-1.1813
*RES 4: $1.2007 Daily Bull channel top
*RES 3: $1.2004 High Sept 22
*RES 2: $1.1961 High Nov 27
*RES 1: $1.1920 High Nov 28
*PRICE: $1.1845 @ 2000GMT
*SUP 1: $1.1836 Low Nov 24 
*SUP 2: $1.1813 Hourly support Nov 23 
*SUP 3: $1.1787 Daily Bull channel base 
*SUP 4: $1.1774 100-DMA
*COMMENTARY: Hesitation ahead of the daily bull channel top sees the pair
trading back below $1.1880 with a close below needed to see immediate pressure
shift to $1.1774-1.1813 where the daily bull channel base, 55 & 100-DMAs are
found. Overall bears now need a close below $1.1690 to target $1.1553 Nov 7
lows. Bulls now look for a close above $1.1920 to gain breathing room and above
$1.1961 to target the channel top once more.

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