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Layers Of Resistance..............>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Layers Of Resistance $1.2384-1.2443
*RES 4: $1.2446 High Mar 8
*RES 3: $1.2414 High Mar 14
*RES 2: $1.2430 Bollinger band top
*RES 1: $1.2384 High Mar 15
*PRICE: $1.2341 @ 2030GMT
*SUP 1: $1.2301 Hourly support Mar 19 
*SUP 2: $1.2241 High Feb 28 now support 
*SUP 3: $1.2214 Bollinger band base 
*SUP 4: $1.2153 Low Mar 1
*COMMENTARY: The pair is lacking follow through on dips below the 55-DMA
($1.2283), bouncing from ahead of $1.2241 Monday. Layers of resistance
$1.2384-1.2446 are now key. Bulls need a close above $1.2446 to target
$1.2555-1.2639. Initial support is noted at $1.2301 but it's the $1.2241 support
that remains key. Bears look for a close below $1.2241 to target the key
$1.2092-1.2153 support region.

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