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Expiries for Aug05 NY cut 1000ET (Source DTCC)

Neckline Support Holding..........>

EURO-DOLLAR TECHS: Neckline Support Holding
Neckline support from the inverse head-and-shoulder formation held at 1.1724,
with the recovery extending to the $1.1763/68 area. Above 1.1724 keeps the
broader uptrend intact, with near-term resistance at 1.1851 from the June 14
high. Above here targets the 50% retracement (Feb high - Aug low) & 200-dma
resistance levels at 1.1928/47. A close below the 100-dma at 1.1661 would shift
focus back to the downside, suggesting a resumption of weakness towards the Sep
10 low at 1.1526.