Takes a turn for the worse:.......>

EURO-DOLLAR TECHS: Takes a turn for the worse:

*RES 4: 1.1109 High Sep 13

*RES 3: 1.1076 High Sep 18

*RES 2: 1.1007/25 Channel resistance drawn off Jun 25 high / High Sep 23

*RES 1: 1.1001 High Oct 7

*PRICE: 1.0946 @ 15:45 GMT Oct 8

*SUP 1: 1.0941 Low Oct 3

*SUP 2: 1.0904 Low Oct 2

*SUP 3: 1.0879 Low Oct 1 and bear trigger

*SUP 4: 1.0862 76.4% retracement of Jan 2017 - Feb 2018 rally

The pair lurched lower Tuesday to challenge but not quite crack the Oct3 lows at

$1.0941. Any renewed weakness and fall through this mark would re-open 1.0879.

To repair the outlook, bulls eye the channel top at 1.1007. A rise through here

would confirm whether last weeks recovery was the start of a more bullish theme.

A break would represent an important technical development and confirm a trend

reversal.