###POV Pressuring 200-WMA *RES....>

EURO-DOLLAR TECHS: ###POV Pressuring 200-WMA

*RES 2: $1.2254 High Dec 25 2014 

*RES 1: $1.2092 2017 High Sept 8

*PRICE: $1.1732 @ 0100GMT

*SUP 1: $1.1711 200-WMA

*SUP 2: $1.1611 Low July 26

###POV: The LT weekly bulls channel base was taken out with a close below last

week with pressure having returned to the 200-WMA as weekly studies correct from

O/B. The $1.1489-1.1711 support region is now key. Bears need a close below the

21-WMA ($1.1597 to hint at a deeper correction with below $1.1489 to confirm a

break of the 21-WMA and hint at a move back to 55 ($1.1076) & 100 ($1.1088)

DMAs. LT Bears need a close below the 55-WMA to confirm a return in focus to

tests of 2017 lows. - The $1.2092-1.2254 resistance region remains key for LT

Bulls who need a close above $1.2092 to reconfirm the bullish bias and above

$1.2254 to confirm focus on tests of $1.2600 last seen in Nov 2014.

- Click for chart https://tinyurl.com/y9dyvjhl