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Bears Need To Break Below.........>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Bears Need To Break Below 1.1535
EURUSD was unable to cling to the 1.16 level last Friday which allowed bears to
push the pair down to the mid 1.15's. Friday's low of 1.1535 was tested at
today's open but held firm keeping the bulls focused on Friday's high of 1.16,
above which upside momentum would build. Bears need to break below 1.1535 to
target Monday's low of 1.1459 to extend the recent sell-off and target October
lows of 1.1432.

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