New Highs As Rally Reaches........>

EURO-DOLLAR TECHS: New Highs As Rally Reaches Toward Fibo Retrace At $1.2598

*RES 4: $1.2743 1.618 swing of $1.2538-$1.2206

*RES 3: $1.2679 10 year falling res line (monthly chart)

*RES 2: $1.2617 2% volatility band

*RES 1: $1.2598 61.8% Fibo of $1.3994-$1.0340

*PRICE: $1.2531 @0925GMT 

*SUP 1: $1.2480/95 Hourly support

*SUP 2: $1.2448 Feb 15 low

*SUP 3: $1.2392 Initial rally high Feb 14, now support

*SUP 4: $1.2371 Feb 13 high, now support

*COMMENTARY* Has continued to thrive, after finding support from the 3 month

bull channel base, at $1.2274 today. Meanwhile, the subsequent bounce has now

wiped the slate clean of resistance ahead of the year's $1.2523-$1.2538 highs.

Above and look initially to $1.2598-$1.2617, although the 10 year falling

resistance line at $1.2679 and swing target of the $1.2538-$1.2206 fall at

$1.2743, become future potential. Support $1.2495-$1.2448.