###POV LT Bulls Focused On........>

EURO-DOLLAR TECHS: ###POV LT Bulls Focused On $1.2254

*RES 2: $1.2254 High Dec 25 2014 

*RES 1: $1.2095 Low Dec 31 2014 now resistance

*PRICE: $1.1823 @ 0500GMT

*SUP 1: $1.1611 Low July 26

*SUP 2: $1.1489 High July 12 now support

###POV: The weekly close above $1.1022 in mid may signalled a LT bullish bias

with bulls now focused on $1.2254 Dec 25 2014 highs according to MIN Technicals.

- The pair is currently flirting with the 200-WMA. Bulls look for a close above

the 200-WMA ($1.1788) to add support to the case as would a close above $1.2095

Dec 31 2014 highs. O/B weekly studies remain the key concern for bulls.

- The $1.1489-1.1611 support region is seen as key. Bears need a close below

$1.1611 to ease LT bullish pressure whereas a close below $1.1489 signals a

potential correction back to $1.1117. Overall a close below $1.0819 is needed to

shift the LT bias to bearish and initially target $1.0339 2017 lows.

- Click for chart https://tinyurl.com/ybdv3teq