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August Lows Holding For Now.......>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: August Lows Holding For Now
EURUSD breached Friday's base to print multi-month lows of 1.1302 yesterday but
the Aug low at 1.1301 remains intact for now as bulls look to reclaim the 1.1350
level to stabilize the outlook. A close above here would open the 1.1400/20
area, ahead of the 100-dma & Oct 16 high at 1.1594/1621. Bears continue to
target a close below the Aug lows to challenge the long-term 61.8% fibo from the
Jan 2017 low - Feb 2018 high at 1.1187.

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