Rally Reaches 76.4% Fibo..........>

EURO-DOLLAR TECHS: Rally Reaches 76.4% Fibo Retrace Level

*RES 4: $1.1961 Nov 27 high

*RES 3: $1.1940 Dec 1 high, 1.618 swing $1.1863-$1.1738 

*RES 2: $1.1920 1% volatility band

*RES 1: $1.1902/03 Dec 20 high, 76.4% Fibo of $1.1961-$1.1717

*PRICE: $1.1881 @0936GMT 

*SUP 1: $1.1845/55 Hourly support

*SUP 2: $1.1829 Dec 20 low

*SUP 3: $1.1805/15 Congestion area Dec 14-19

*SUP 4: $1.1775/77 Hourly base Dec 18, Dec 19 low

*COMMENTARY* Found the strength to move through $1.1863-$1.1868 resistance on

Wednesday, the rally heading straight for the next upside barrier, the 76.4%

Fibo retrace level at $1.1903. This and the upper 1% volatility band are now the

potential dampeners to a $1.1940-$1.1961 return. Daily studies remain

enthusiastic, so support from $1.1855-$.1845 initially and $1.1829 below are

anticipated to hold any setbacks and therefore prevent a deeper correction.