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Rally Enters Key..................>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Rally Enters Key $1.1952-$1.1966 Resistance Zone
*RES 4: $1.2045 2% volatility band
*RES 3: $1.2034 Sep 20 high
*RES 2: $1.2020 Equality rise from $1.1713 to $1.1554-$1.1861
*RES 1: $1.1966 76.4% Fibo of $1.2093-$1.1554
*PRICE: $1.1920 @1635GMT 
*SUP 1: $1.1900/10 Hourly support
*SUP 2: $1.1861 Nov 15 high, now support
*SUP 3: $1.1837 Nov 24 low
*SUP 4: $1.1809 Nov 20 high, now support
*COMMENTARY* Back above firstly $1.1826 and then $1.1887 were the two positives
gained last week. This sees the potential for an assault on the $1.1952-$1.1966
resistance area next. The former being the 1.618 swing target of the recent
$1.1861-$1.1713 fall. Support as a result, moves up to $1.1910-$1.1900, the old
Nov 15 high at $1.1861 being of more consequence below. Sustained clearance of
$1.1966 will see some congested $1.2020-$1.2045 resistance next.

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