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Oil Erases Early Losses on Supply Scramble

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MNI KEY LEVELS *$1.1266 Upper.....>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: MNI KEY LEVELS
*$1.1266       Upper Bollinger Band (3%)
*$1.1250       Aug06 high
*$1.1231/32    Aug12 high/Aug08 high
*$1.1197/06    Upper 1.0% 10-dma env/200-dma
*$1.1179/83/91 Oct21 high/Upper Boll Band (2%)/Aug14 high
*$1.1157       Oct22 high
*$1.1131/35/39 Intraday high/100-dma/100-hma
*$1.1119    ***CURRENT MARKET PRICE 05:24BST WEDNESDAY***
*$1.1116/15/06 Intraday low/Oct18 low/Cloud top
*$1.1088       200-hma
*$1.1065       Oct17 low
*$1.1048/35    Cloud base, 55-dma/50-dma
*$1.1014       21-dma
*$1.0991       Oct15 low
*$1.0976       Lower 1.0% 10-dma envelope
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com