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Rally Accelerates But Falters.....>

EURO-DOLLAR TECHS: Rally Accelerates But Falters Below $1.1880-$1.1887 
*RES 4: $1.1927 Underside previously broken support line
*RES 3: $1.1880/87 Oct 12 high, 61.8% of $1.2093-$1.1554
*RES 2: $1.1861 Nov 15 high
*RES 1: $1.1835/45 Hourly resistance
*PRICE: $1.1780 @0535GMT 
*SUP 1: $1.1769 Hourly low Nov 15
*SUP 2: $1.1745 Hourly base Nov 14
*SUP 3: $1.1700/05 Hourly highs/lows Nov 14
*SUP 4: $1.1678 Nov 10 high, now support
*COMMENTARY* The rally reached $1.1861 on Wednesday, pulling up shy of a retest
to the more important $1.1880-$1.1887 area. The upper 2% volatility band
currently resides at the slightly higher $1.1908 level. Has become stretched on
a near term basis and with the loss of $1.1785 there is scope for some
correction, $1.1745-$1.1700 the immediate interest below, last Friday's $1.1678
high of more significance lower.

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