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Approaching 1.1700 As EURUSD......>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Approaching 1.1700
As EURUSD tentatively approaches 1.1700, hesitation ahead of the July 31 high
and 100-dma at 1.1742 keeps the ST outlook neutral, for now. Bulls need a close
above this level to reignite bullish momentum and return attention to the
inverse head-and-shoulder target at 1.19. Bears need to see a close back below
1.16 to alleviate the pressure and focus on the 1.15 area.

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