Looking A Little Offered *RES.....>

EURO-DOLLAR TECHS: Looking A Little Offered

*RES 4: $1.2555 2018 High Feb 16

*RES 3: $1.2477 High Mar 27

*RES 2: $1.2433 Hourly support Mar 26 now resistance

*RES 1: $1.2417 Alternating hourly support/resistance

*PRICE: $1.2395 @ 2000GMT

*SUP 1: $1.2340 Low Mar 26 

*SUP 2: $1.2285 Low Mar 22 

*SUP 3: $1.2240 Low Mar 20 

*SUP 4: $1.2193 Daily Bull channel base off Nov Low

*COMMENTARY: Failure to capitalise on Monday's gains is a concern for bulls and

leaves that pair looking a little heavy with a likely close below $1.2417 easing

bullish pressure. Bears now look for a close below $1.2240 to initially pressure

$1.2092-1.2193 where the daily bull channel base is noted. Bulls now look for a

close above $1.2433 to gain breathing room and retain focus on $1.2555-1.2625

where the LT bear channel top off 2008 highs is located.