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(U18) Focus Remains On..........>

US EURODOLLAR TECHS
US EURODOLLAR TECHS: (U18) Focus Remains On 97.500/97.510 Support 
*RES 4: 97.680 Mar 28 high
*RES 3: 97.640 May 29 high
*RES 2: 97.615 May 30 high
*RES 1: 97.565/575 Hourly resistance
*PRICE: 97.515 @1025GMT
*SUP 1: 97.500/510 May 17-22, Jun 11 lows
*SUP 2: 97.475 Apr 25, May 8 lows
*SUP 3: 97.425 50% Fibo of 95.695-99.155
*SUP 4: 97.370 Broken 9 month resistance line
*COMMENTARY* Saw a move back above the 9 month falling resistance line earlier
last month, which has fallen by time to 97.370 this week and this has been the
precursor to some recovery. We have subsequently seen a rally back to 97.640 so
far, where the rally has stalled, the Mar 28 high at 97.680 the next resistance
of consequence higher. As a result, support from 97.575-97.555 has been lost,
although 97.510-97.500 provides a stronger base below. 

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