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1.12 In Focus Last week's poor....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: 1.12 In Focus
Last week's poor close has put the 1.12 level in focus at the start of this
week, with a break below here needed to reignite downside momentum and bring the
Mar 7 low & channel base support into view at 1.1177/55. Bulls need to recover
1.13 before challenging the double-top resistance area at 1.1324. A break would
generate renewed upside momentum, opening a move towards the 50% retracement
level & 100-dma at 1.1344.

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