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55-DMA Next Up EURUSD breached....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: 55-DMA Next Up
EURUSD breached the 1.13 level for the first time since Mar 26 with bulls next
focus on the 55-dma & Mar 26 high at 1.1317/26. A break opens the 50%
retracement of 1.1448-1.1184 at 1.1347, ahead of the Mar 22 high & down
trendline off the Jan highs at 1.1391/1.1402. Bears need a break back under
1.1200 to change the outlook, opening the Mar 7 low & channel base support at
1.1177/50.

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