Trendline Support Under...........>

EURO-DOLLAR TECHS: Trendline Support Under Pressure

*RES 4: 1.1202/08 200-DMA / 61.8% of Jun 25 - Oct 1 decline

*RES 3: 1.1191 High Aug 14

*RES 2: 1.1179 High Oct 21 and bull trigger

*RES 1: 1.1123 High Oct 25

*PRICE: 1.1094 05:11 GMT Oct 29

*SUP 1: 1.1073 Low Oct 25

*SUP 2: 1.1064 38.2% of Oct 1 - Oct 21 climb and 50-day EMA

*SUP 3: 1.1023/29 Low Oct 16 / 50.0% of Oct 1 - Oct 21 climb

*SUP 4: 1.0991 Low Oct 15

EURUSD attempted a recovery Monday, but it remains too too early to tell whether

last week's correction is over. With trendline support drawn off Oct 1 low under

pressure, a move below Friday's 1.1073 low would confirm a resumption of the

recent pullback and open 1.1064 and 1.1029, both retracement levels. The 50-day

EMA is at 1.1064 and marks an area of support that, if breached would also weigh

on the pair. Resistance is at 1.1123.