Off Recent Lows *RES 4: 1.1228....>

EURO-DOLLAR TECHS: Off Recent Lows

*RES 4: 1.1228 High Aug 13

*RES 3: 1.1155/79 200-day MA / Oct 21 high and key bull trigger

*RES 2: 1.1140 High Nov 5

*RES 1: 1.1116 High Dec 4 and intraday bull trigger

*PRICE: 1.1090 05:50 GMT Dec 11

*SUP 1: 1.1040/33 Low Dec 6 / 61.8% of the Nov 29 to Dec 4 rally

*SUP 2: 1.1003 Low Dec 2

*SUP 3: 1.0981 Low Nov 29 and key support

*SUP 4: 1.0967 Recent double top projection

EURUSD traded higher yesterday and is holding onto the gains. Despite the

pullback on Dec 6, a bullish outlook remains intact while 1.1003 holds, Dec 2

low. The focus is on the potential for stronger climb near-term with attention

on the 1.1140 mark not seen since early November and the Oct 21 high at 1.1179.

The trigger for a resumption of strength is 1.1116, Dec 4 high. On the downside,

a move below 1.1003 would expose 1.0981, Nov 29 low. Initial support is 1.1040.