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(Z17) 98.495 Key Today *RES.....>

US EURODOLLAR TECHS
US EURODOLLAR TECHS: (Z17) 98.495 Key Today
*RES 4: 98.545 - High Sept 20 
*RES 3: 98.525 - Repeated daily highs Sept 
*RES 2: 98.516 - 200-DMA 
*RES 1: 98.495 - High Oct 6
*PRICE: 98.490 @ 0930GMT
*SUP 1: 98.470 - Low Apr 24
*SUP 2: 98.445 - Low Apr 10
*SUP 3: 98.425 - Low Mar 31
*SUP 4: 98.380 - Low Mar 16
*COMMENTARY: The break of the daily bear channel top has so far lacked follow
through with bulls needing a close above 98.495 to ease immediate bearish
pressure and above 98.525 to confirm breaks of 21 (98.508) & 200 (98.516) DMAs
and shift immediate focus to 98.545-565. The 98.470 support remains key. Bears
need a close below 98.470 to retain focus on 98.380-425.

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