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(Z17) Focus Returns To 98.470...>

US EURODOLLAR TECHS
US EURODOLLAR TECHS: (Z17) Focus Returns To 98.470
*RES 4: 98.516 - 200-DMA 
*RES 3: 98.510 - High Oct 13 
*RES 2: 98.500 - 21-DMA 
*RES 1: 98.495 - Daily Bear channel top
*PRICE: 98.490 @ 0930GMT
*SUP 1: 98.485 - Lows Oct 12 & 13
*SUP 2: 98.470 - Low Apr 24
*SUP 3: 98.445 - Low Apr 10
*SUP 4: 98.425 - Low Mar 31
*COMMENTARY: Gains Friday have been eroded with the pair breaking back below
98.495 and looking a little heavy once again. Focus has returned to the 98.470
support with bears needing a close below to initially target 98.425-445. The
98.500-525 resistance becomes key once more with bulls needing a close above
98.525 to shift immediate focus to 55 (98.542) and 100 (98.548) DMAs.

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