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Tuesday's Pullback Held By The....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Tuesday's Pullback Held By The Lower 1% Volatility Band
*RES 4: $1.1857/61 Head & Shoulders neckline, Sep 20 low
*RES 3: $1.1833/37 Sep 29 high, Sep 14 low
*RES 2: $1.1804 Sep 28 high
*RES 1: $1.1780 Intraday high
*PRICE: $1.1757 @0756GMT 
*SUP 1: $1.1691/96 1% volatility band, Oct 3 low
*SUP 2: $1.1662 Aug 17 low
*SUP 3: $1.1645 1.618 swing of $1.1717-$1.1833
*SUP 4: $1.1620 1.618x $1.2093-$1.1837 from $1.2034
*COMMENTARY* The swing target at $1.1715 gave way on Tuesday, The lower 1%
volatility band offering some support at the time, ahead of the next downside
targets strung between $1.1662-$1.1620. Has become oversold on an intraday
basis, looking to $1.1780-$1.1804 now for initial clues. Back above here needed
to influence any recovery efforts, with $1.1833-$1.1837 then providing sterner
tests above. The head and shoulders neckline then at the higher $1.1857 level.

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