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Bears Focused On $1.1506-89 *.....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Bears Focused On $1.1506-89
* The lack of follow through on the break of the 55-DMA ($1.1740) was less than
ideal for bulls and sees pressure on the 21-DMA as the euro remains offered. 
* Bears shift focus back to the $1.1506-89 support region with below the 21-DMA
to add weight to their case. 
* Bulls now need a close above $1.1790 to confirm traction above the 55-DMA and
above the 55-WMA ($1.1922) to shift initial focus to $1.1984-1.2053 where 100
($1.1994) & 200 ($1.1983) DMAs are found.

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