Watching The Directional..........>

EURO-DOLLAR TECHS: Watching The Directional Triggers

*RES 4: 1.1422 High Jun 10 and the bull trigger

*RES 3: 1.1353 High Jun 16

*RES 2: 1.1349 High Jun 23 and key resistance

*RES 1: 1.1260 High Jun 25

*PRICE: 1.1225 @ 05:40 BST Jun 26

*SUP 1: 1.1191 Low Jun 25

*SUP 2: 1.1168 Low Jun 19 and the bear trigger

*SUP 3: 1.1163 High Mar 30

*SUP 4: 1.1098 50.0% retracement of the May 14 - Jun 10 rally

EURUSD is softer having failed to hold onto recent gains. The pair stalled at

1.1349 Tuesday. A bearish theme appears to be re-establishing itself although

for now, activity remains within the key directional parameters. We have

mentioned this week that price needs to hold above 1.1168, Jun 19 low to

maintain a bullish outlook. A break would be bearish. On the upside, the bull

trigger is 1.1349. A break would remove any bearish concerns.