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Weak to Weaker *RES 4: 1.1118.....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Weak to Weaker
*RES 4: 1.1118 High Jan 21
*RES 3: 1.1079/96 T-line resistance drawn off Dec 31 high / High Jan 3
*RES 2: 1.1048 High Feb 5
*RES 1: 1.1014 High Feb 6
*PRICE: 1.0912 @ 16:36 GMT Feb 10
*SUP 1: 1.0912/11 Low Feb 10 / 1.0% Lower 10-dma Envelope
*SUP 2: 1.0904 Low Oct 2
*SUP 3: 1.0879 Low Oct 1 and a key support
*SUP 4: 1.0839 Low May 11, 2017
EURUSD hit fresh lows again Monday and remains vulnerable. The break last week
of 1.0992, Jan 29 low confirms a resumption of the downtrend that began on Dec
31 and reinforces current bearish short-term signals. The move lower opens
1.0904, the Oct 2 low. Price needs to trade minimally above Thursday's 1.1014 to
signal a potential near-term base. For now though, the pair remains heavy.

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