Trial now
SHORT-STERLING OPTIONS

Vol buyer

GBP

Cable look to test MNI tech resistance

US EURODLR FUTURES

Block, Red Pack

JPY

USDJPY exchange traded option

Watching Trendline Support At.....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Watching Trendline Support At 1.1069
*RES 4: 1.1239 High Dec 31 and bull trigger
*RES 3: 1.1206 High Jan 6
*RES 2: 1.1173 High Jan 16 and key near-term resistance
*RES 1: 1.1143 High Jan 17
*PRICE: 1.1096 @ 16:36 GMT Jan 21
*SUP 1: 1.1069/66 Trendline support drawn off the Oct 1 low / Low Dec 20
*SUP 2: 1.1040 Low Dec 6
*SUP 3: 1.1003 Low Dec 2
*SUP 4: 1.0981 Low Nov 29 and key key support
EURUSD has found some support for now. The pullback following last Thursday's
failure to hold above 1.1168, Jan 8 high reinforces the view gains between Jan
10 - 16 have been corrective. Support to watch next is 1.1066, Dec 20 low.
1.1069 also marks trendline support drawn off the Oct 1 low. A break of the
trendline would further strengthen a bearish case. Bulls though need the
trendline to hold. 1.1143 is first resistance ahead of 1.1173.