Pressure Back On Key $1.1682......>

EURO-DOLLAR TECHS: Pressure Back On Key $1.1682 Support 

*RES 4: $1.1860/70 Series congestion lows Aug 3-4

*RES 3: $1.1847 Aug 11 high

*RES 2: $1.1800 Hourly resistance

*RES 1: $1.1758 Intraday high

*PRICE: $1.1707 @1525GMT 

*SUP 1: $1.1682 38.2% of $1.1312-$1.1911

*SUP 2: $1.1625 Equality fall from $1.1847 to $1.1911-$1.1689

*SUP 3: $1.1612/13 50% of $1.1312-$1.1911, Jul 26 low

*SUP 4: $1.1591 1.618 swing of $1.1689-$1.1847

*COMMENTARY* The recovery over the last few days has run out of steam ahead of

the $1.1860-70 area. Through here needed to switch near term bias to higher

again. A high of $1.1847 last Friday before giving up some ground and with the

subsequent loss of $1.1715-20 support, pressure is back on $1.1682 again.

Beneath here and only minor support protects against a deeper $1.1612-$1.1591

fall. Nearest resistance falls to $1.1758-$1.1800.