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A Weak End to the Week EURUSD.....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: A Weak End to the Week
EURUSD looks set to close the week some way off of Thursday's high of 1.1402.
EURUSD remains below down trendline resistance from the Sep highs which now
comes in at 1.1399. Bears continue to eye Wednesday's low of 1.1267, below which
the Nov 13 ytd low comes back into play. To move to the topside, markets need to
close above the down trendline to move to a more positive outlook. Above here
lies the 50% retracement of 1.0341-1.2555 at 1.1448. This would return focus to
the 50- and 100-dmas.

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