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Fresh Rally Now Has...............>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Fresh Rally Now Has $1.1725-$1.1757 Resistance
*RES 4: $1.1824 50% Fibo of $1.2093-$1.1554
*RES 3: $1.1785 Hourly congestion late October
*RES 2: $1.1754/57 2 month falling res line, 1% vol band
*RES 1: $1.1725/30 Oct 23, Oct 18 lows, now resistance
*PRICE: $1.1720 @1040GMT 
*SUP 1: $1.1655/60 Hourly support
*SUP 2: $1.1638 Nov 13 low
*SUP 3: $1.1600 Hourly congestion Nov 8-9
*SUP 4: $1.1554 Nov 7 low
*COMMENTARY* Found support from around the $1.1555 level last Tuesday, before
being rescued by some near term oversold conditions. Thursday's move back above
the previously troublesome $1.1660 area is a positive, as is today's through 
the Nov 3 high at $1.1690. This now sees the $1.1725-$1.1757 area as next
resistance. Meanwhile, $1.1660-$1.1655 provides initial support, with
$1.1638-$1.1600 below.

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