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Next Band Of Support Seen.........>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Next Band Of Support Seen Between $1.1894-$1.1868
*RES 4: $1.2106 Hourly recovery high Apr 30 
*RES 3: $1.2032 May 2 high
*RES 2: $1.2009 May 3 high
*RES 1: $1.1978/85 May 7 high, hourly resistance
*PRICE: $1.1918 @0750GMT 
*SUP 1: $1.1894/98 1.618 swing $1.1938-$1.2009, May 7 low
*SUP 2: $1.1868 Hourly support
*SUP 3: $1.1828 1.618x $1.2556-$1.2155 from $1.2477
*SUP 4: $1.1781/90 2% vol band, 76.4% of $1.1554-$1.2556
*COMMENTARY* Tried to push lower again on Monday, a low of $1.1898, just above
the next support from the swing target at $1.1894. Below and can allow $1.1868
next, which becomes the brake to the projection target at $1.1828 and the key
76.4% Fibo support at $1.1790. Resistance still from $1.1978-$1.1985, above and
then $1.2009 and $1.2032 of more importance higher. Through here and some
correction of losses from $1.2414 then underway.

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