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(U18) Key Support Reconfirms....>

US EURODOLLAR TECHS
US EURODOLLAR TECHS: (U18) Key Support Reconfirms Significance
*RES 4: 97.595 High May 31
*RES 3: 97.560 Repeated Daily highs June
*RES 2: 97.554 100-DMA
*RES 1: 97.542 Bollinger band top
*PRICE: 97.540 @ 0930GMT
*SUP 1: 97.532 Bollinger band base
*SUP 2: 97.520 Repeated Daily lows June
*SUP 3: 97.500 Low June 14
*SUP 4: 97.475 2018 Low Apr 25, May 8 & June 13
*COMMENTARY: The dip below the 55-DMA (97.535) lacked follow through with
support emerging ahead of the key 97.520 support. Bears need a close below
97.520 to confirm breaks of 21 (97.542) & 55-DMAs, easing bullish pressure, with
a close below 97.500 then required to pressure the key 97.475 support. Above
97.560 ends bearish hopes and shifts initial focus to 97.595 and overall focus
to 97.640.

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