Key Resistance Intact *RES 4:.....>

EURO-DOLLAR TECHS: Key Resistance Intact

*RES 4: 1.1039 High Apr 1

*RES 3: 1.1018 High May 1 and key resistance

*RES 2: 1.1008 High May 21

*RES 1: 1.0954 High May 22

*PRICE: 1.0890 @ 05:37 BST May 25

*SUP 1: 1.0883 20-day EMA

*SUP 2: 1.0800 Low May 18

*SUP 3: 1.0775/67 Low May 14 / Low May 7 and key intraday support

*SUP 4: 1.0727 Low Apr 24 and bear trigger

EURUSD stalled Thursday ahead of key resistance at 1.1018, May 1 high and pulled

back further throughout the Friday session. The move below support at 1.0902,

May 19 low undermines the recent bullish theme that developed earlier last week.

Furthermore, the move lower follows a failure to tackle and clear key resistance

at 1.1018, May 1 high where a break is required to confirm a bullish outlook.

The next key intraday support lies at 1.0800.