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(H18) 98.145 Resistance Key.....>

US EURODOLLAR TECHS
US EURODOLLAR TECHS: (H18) 98.145 Resistance Key
*RES 4: 98.184 Daily Bear channel top
*RES 3: 98.160 Highs Jan 22-24
*RES 2: 98.145 High Feb 6
*RES 1: 98.140 21-DMA
*PRICE: 98.115 @ 0930GMT
*SUP 1: 98.105 Low Feb 6
*SUP 2: 98.100 2018 Low Feb 2 & 5
*SUP 3: 98.094 Bollinger band base
*SUP 4: 98.090 Daily bear channel base
*COMMENTARY: The aggressive bounce from 2018 lows remained capped at the 21-DMA
which provides bears comfort and maintains immediate focus on tests of the bear
channel base. O/S daily studies looking to correct remain a concern for bears.
Bulls now need a close above 98.145 to confirm an easing of bearish pressure and
above 98.160 to shift focus to 98.184-199 where the bear channel top and 55-DMA
are noted.

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