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100-dma Key at The Close EURUSD...>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: 100-dma Key at The Close
EURUSD squeezed through 1.13 after soft ADP data, before quickly fading the
move. Bulls need a close above the 100-dma at 1.1276 to re-ignite upside
momentum and put the focus back on the 1.13 handle. Channel top resistance is
placed behind at 1.1314, ahead of the 50-mma at 1.1323. Bears need to clear the
55-dma & 1.12 level, before returning the focus to the May 30 low at 1.1116.

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