Pullback Potential After..........>

EURO-DOLLAR TECHS: Pullback Potential After $1.1721-$1.1730 Caps Rise

*RES 4: $1.1771 76.4% Fibo of $1.1852-$1.1508

*RES 3: $1.1721/30 61.8% $1.1852-$1.1508,swing $1.1645-$1.1508

*RES 2: $1.1672/85 Intraday high, hourly high Jun 26

*RES 1: $1.1635/50 Hourly resistance

*PRICE: $1.1593 @1525GMT 

*SUP 1: $1.1590 Hourly support

*SUP 2: $1.1555/60 Congestion area Jun 19-21

*SUP 3: $1.1500/08 1% volatility band, Jun 21 low

*SUP 4: $1.1448 50% Fibo of $1.0340-$1.2556

*COMMENTARY* The rally finally made it to the base of the next $1.1721-$1.1730

resistance area, before hitting on some overbought hourly conditions. The

subsequent setback is losing $1.1650-$1.1628 support, which if sustained will

put further gains on hold for the while. Any lower would bring 1.1590-$1.1555

back into the equation, where next questions are asked of direction. Earlier

resistance evident from $1.1635-$1.1685 but $1.1721-$1.1730 still tough higher.