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(Z17) 98.495 Now Key Support....>

US EURODOLLAR TECHS
US EURODOLLAR TECHS: (Z17) 98.495 Now Key Support
*RES 4: 98.544 - 55-DMA 
*RES 3: 98.525 - Repeated daily highs Sept 
*RES 2: 98.516 - 200-DMA 
*RES 1: 98.510 - High Oct 13
*PRICE: 98.500 @ 0930GMT
*SUP 1: 98.495 - High Oct 6 now support
*SUP 2: 98.470 - Low Apr 24
*SUP 3: 98.445 - Low Apr 10
*SUP 4: 98.425 - Low Mar 31
*COMMENTARY: The break of the daily bear channel top gained momentum Friday with
the break and close above 98.495 seeing focus shift to 98.516-525 where the
200-DMA is found. Above 98.525 is then needed to pressure 98.544-565 where 55 &
100-DMAs are located. The 98.495 support is now key. Bears need a close below
this level to ease bullish pressure and return focus to 98.470.

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