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Pulls Back From Overnight Highs...>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Pulls Back From Overnight Highs
*RES 4: 1.1282 High Jul 19
*RES 3: 1.1250 High Aug 146
*RES 2: 1.1198 200-DMA
*RES 1: 1.1179 High Oct 21 and bull trigger
*PRICE: 1.1144 10:20 GMT Nov 1
*SUP 1: 1.1073 Low Oct 25
*SUP 2: 1.1072/64 50-day EMA / 38.2% of Oct 1 - Oct 21 climb
*SUP 3: 1.1023/29 Low Oct 16 / 50.0% of Oct 1 - Oct 21 climb
*SUP 4: 1.0991 Low Oct 15
EURUSD has given back overnight gains however overall, the pair maintains the
bullish theme that has been dominant this week. The recovery this week off the
recent 1.1073 low refocuses attention on key S/T resistance at 1.1179, Oct 21
high. Clearance of this level would confirm a resumption of the uptrend and open
the 200-DMA at 1.1198. A break would expose 1.1250. Strong support lies at
1.1073 where a break is required to reinstate a bearish focus.

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