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Bearish Reversal Yesterday's......>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Bearish Reversal
Yesterday's failure to hold above 1.1600 combined with broad USD strength has
seen EURUSD extend its decline through support from the Oct 12 low. Bears need a
close below 1.1500 to regain the upper hand, targeting the October lows at
1.1432. Bulls need to recover 1.1600 to change the short-term outlook, before
challenging the 100-dma & 1.618% swing target at 1.1627/32.

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