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1.1250/55 Area Now Support........>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: 1.1250/55 Area Now Support
EURUSD has edged back from yesterday's high at 1.1284 to bring the 1.1250/55
area back into focus as support. A hold above here would keep the recovery alive
and target the 38.2% retracement of 1.1448-1.1184 at 1.1285. A close above
brings the 1.13 level into view, ahead of a run at the 55-dma & Mar 26 high at
1.1322026. Bears need a break back under 1.1200 to change the outlook, opening
the Mar 7 low & channel base support at 1.1177/55.

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