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Support Emerging Ahead Of 2018....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Support Emerging Ahead Of 2018 Lows
*RES 4: $1.1723 Low June 13 now resistance
*RES 3: $1.1673 21-DMA
*RES 2: $1.1660 Hourly resistance June 14
*RES 1: $1.1618 Hourly support June 19 now resistance
*PRICE: $1.1561 @ 0430GMT
*SUP 1: $1.1528 Low June 19 
*SUP 2: $1.1506 2018 Low May 29 
*SUP 3: $1.1470 Low July 18 2017 
*SUP 4: $1.1406 200-WMA
*COMMENTARY: Bears remain focused on tests of 2018 lows although follow through
remains lacking with support emerging ahead of 2018 lows. The Bollinger base
($1.1510) is the key concern for bears and limits follow through. Bears continue
to look for a close below $1.1311 to confirm breaks of 100 ($1.1429) & 200-WMAs,
shifting immediate focus to $1.1117 June 2017 lows. Bulls still need a close
above $1.1723 to shift focus back to $1.1854-94.

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