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Rally Again Tries To Reach The....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Rally Again Tries To Reach The Sep 8 High At $1.2093
*RES 4: $1.2167 50% Fibo of $1.3994-$1.0340
*RES 3: $1.2143 2 month channel top projection
*RES 2: $1.2130 1.618 swing of $1.2081-$1.2001
*RES 1: $1.2089/93 Intraday, Sep 8 highs
*PRICE: $1.2067 @1620GMT 
*SUP 1: $1.2030/40 Hourly support
*SUP 2: $1.1993/01 Hourly base Dec 29, Jan 3 low
*SUP 3: $1.1937 Dec 29 low
*SUP 4: $1.1900/10 Dec 25, Dec 27 highs, now support
*COMMENTARY* The pullback has stayed above key near term support from $1.1993.
While intact, then the immediate momentum still remains with the topside. In
this respect, there is still resistance from between the upper 1% volatility
band at $1.2077 and the Sep 8 high at $1.2093 to consider, before the way
becomes clear for a higher $1.2130-$1.2167 rise. Initial support from
$1.2040-$1.2030 but only a loss of $1.1993 will currently caution.

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