Key $1.1682 Support Area Comes....>

EURO-DOLLAR TECHS: Key $1.1682 Support Area Comes Under Assault On Thursday

*RES 4: $1.1911/21 Aug 2 high, equality rise from $1.1119

*RES 3: $1.1847 Aug 11 high

*RES 2: $1.1790/00 Hourly resistance

*RES 1: $1.1760 Intraday high

*PRICE: $1.1744 @0850GMT 

*SUP 1: $1.1680/85 Hourly support

*SUP 2: $1.1650/62 1% volatility band, Aug 17 low

*SUP 3: $1.1625 Equality fall from $1.1847 to $1.1911-$1.1689

*SUP 4: $1.1612/13 50% of $1.1312-$1.1911, Jul 26 low

*COMMENTARY* The key $1.1682 support area came under assault yesterday, a brief

dip to $1.1662 before recovering yet again. To be of any consequence however,

will need to see a rally through $1.1760-$1.1800, before the belief in any

correction will appear. In the interim, look to that $1.1680-85 area again for

initial support, loss of $1.1662 will have the potential to test $1.1625-$1.1588

next, as this pullback continues.