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Fresh cycle lows: *RES 4:.........>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Fresh cycle lows:
*RES 4: 1.1102 Jul25 low
*RES 3: 1.1082 Intraday high
*RES 2: 1.1076 May18 2017 low
*RES 1: 1.1066 Lower Bollinger Band (2%)
*PRICE: 1.1045 @ 08:34 GMT Aug 01
*SUP 1: 1.1034/31 YTD low/Lower 1.0% 10-dma env
*SUP 2: 1.1023 May 08 2017 high
*SUP 3: 1.1000 Lower Bollinger Band (3%)
*SUP 4: 1.0985 Down Trendline from Nov 07 2017
Post-FOMC USD strength extended through the Asia-Pacific session. This pressed
EUR/USD to a fresh cycle low at 1.1032, just above its lower 1.0% 10-dma
envelope at 1.1031. A break below here would see bears switch focus to the May 8
'17 high at 1.1023, with a breach opening 1.1000. Bulls need to recover the
Jul25/26 lows at 1.1102/12 to regain some composure.

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