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Bearish Break EURUSD broke........>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Bearish Break
EURUSD broke cleanly below the 1.12 level yesterday, extending the decline below
the Mar 7 low and the channel base at 1.1150. Below here lies the June 2017
highs around 1.11 with little further resistance until the psychological 1.10
level. Bulls need to initially recover Monday's high of 1.1262 ahead of 1.13
before challenging the double-top resistance area at 1.1324. A break would
generate renewed upside momentum, opening a move towards the 50% retracement
level & 100-dma at 1.1339.

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