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Another Failure At 1.16 EURUSD....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Another Failure At 1.16
EURUSD briefly spiked above 1.16 yesterday but was unable to hold gains.
Friday's low of1.1535 now comes back into focus with bears needing a break of
this level to target the October lows at 1.1432. Bulls need a close above 1.1600
to change the short-term outlook before challenging the 100-dma at 1.1628. Above
here would see momentum start to build, opening the September highs at 1.1815. 

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