Softer *RES 4: 1.1286 High Jul....>

EURO-DOLLAR TECHS: Softer

*RES 4: 1.1286 High Jul 11 and 76.4% of the Jun 25 - Oct 1 Decline

*RES 3: 1.1250 High Aug 6

*RES 2: 1.1239 High Dec 31

*RES 1: 1.1179 Intraday high

*PRICE: 1.1135 @ 10:30 GMT Jan 3

*SUP 1: 1.1132 61.8% retracement of the Dec 20 - Dec 31 rally

*SUP 2: 1.1096 Low Dec 27

*SUP 3: 1.1066/62 Low Dec 20 / 100-dma

*SUP 4: 1.1040 Low Dec 6

EURUSD remains softer this morning. The move lower though is considered

corrective with the outlook still bullish. Earlier this week, the pair traded

through key resistance of 1.1199, the Dec 13 high. A key S/T support has been

defined at 1.1066, Dec 12 low and the uptrend that started on Oct 2 has once

again resumed. With further gains likely, attention is on 1.1250, Aug 6 high and

1.1286, Jul 11 high. A break of 1.1066 is needed to reinstate a bearish threat.