Remains Supported Ahead Of........>

EURO-DOLLAR TECHS: Remains Supported Ahead Of 21-DMA

*RES 4: $1.1909 2017 High Aug 2 

*RES 3: $1.1861 Hourly support Aug 3 now support 

*RES 2: $1.1824 High Aug 8 

*RES 1: $1.1802 Hourly support Aug 8 now resistance

*PRICE: $1.1772 @ 2030GMT

*SUP 1: $1.1747 Hourly support Aug 10 

*SUP 2: $1.1690 Low Aug 9 

*SUP 3: $1.1686 21-DMA 

*SUP 4: $1.1671 Low July 28

*COMMENTARY: Bulls take comfort in support continuing to emerge on dips back

towards the 21-DMA. The $1.1824 resistance is now key with bulls needing a close

above to hint at a retest of 2017 highs and ten the bull channel top ($1.1968).

Bears now look for a close below the 21-DMA to add further weight to their case

for a move that initially targets $1.1583-1.1648. Below $1.1583 is needed to

shift focus to $1.1373-1.1480 where the 55-DMA ($1.1428) is located.