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Upside Potential *RES 4: 1.1228...>

EURO-DOLLAR TECHS: Upside Potential
*RES 4: 1.1228 High Aug 13
*RES 3: 1.1159/79 200-day MA / Oct 21 high and key bull trigger
*RES 2: 1.1140 High Nov 5
*RES 1: 1.1116 High Dec 4
*PRICE: 1.1099 10:15 GMT Dec 6
*SUP 1: Low Dec 3
*SUP 2: 1.1003 Low Dec 2
*SUP 3: 1.0981 Low Nov 29 and key support
*SUP 4: 1.0967 Recent double top projection
EURUSD is quiet ahead of today's NFP release. Wednesday saw the pair trade above
the 1.1097 bull trigger reinforcing a developing bullish theme. Despite the
pullback off the high, the focus is on the upside with attention on the 1.1140
mark not seen since early November and the Oct 21 high at 1.1179. The close
above 1.1100 yesterday, although just, reinforces a developing bullish
structure. The key downside trigger remains 1.0981.

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