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Overall Focus On Nov Low *RES.....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Overall Focus On Nov Low
*RES 4: $1.2019 200-DMA
*RES 3: $1.1889 Alternating daily support/resistance
*RES 2: $1.1838 High May 17
*RES 1: $1.1749 Hourly support May 23 now resistance
*PRICE: $1.1705 @ 0430GMT
*SUP 1: $1.1674 2018 Low May 23 
*SUP 2: $1.1654 Bollinger band base 
*SUP 3: $1.1624 High Nov 6 now support 
*SUP 4: $1.1552 Monthly Low Nov 7
*COMMENTARY: Bears retain overall focus on tests of Nov lows at $1.1552
following fresh 2018 lows Wednesday. The Bollinger base is the key concern for
bears with potential to limit follow through. Layers of resistance are
accumulating and adding weight to the bearish case. Bulls now need a close above
$1.1749 to gain breathing room and above the 21-DMA ($1.1894) to shift initial
focus to $1.2019-1.2053 where the 200-DMA is noted.

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