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Hesitating Ahead Of LT Bear.......>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Hesitating Ahead Of LT Bear Channel Top
*RES 4: $1.2555 2018 High Feb 16
*RES 3: $1.2515 Alternating hourly support/resistance
*RES 2: $1.2461 Hourly resistance Feb 16
*RES 1: $1.2435 High Feb 19
*PRICE: $1.2393 @ 0530GMT
*SUP 1: $1.2368 Low Feb 19 
*SUP 2: $1.2330 Hourly resistance Feb 14 now support 
*SUP 3: $1.2299 Daily Bull channel base off Jan 10 low 
*SUP 4: $1.2277 Low Feb 14
*COMMENTARY: 2018 & 3yr highs lacked follow through with the pair rejected ahead
of Dec 2014 monthly highs and the LT bear channel top ($1.2649) off 2008 highs
Friday. Bears need a close below $1.2368 to pressure $1.2167-1.2299 where the
bull channel base off 2018 lows is found. Bulls need a close above $1.2461 to
gain breathing room and above $1.2515 to retain focus on the weekly bear channel
top.

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