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Breaks back above $1.1700, extends......>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Breaks back above $1.1700, extends through Thursday's high of
$1.1701 as well as being able to move through reported resistance at $1.1705 to
$1.1707. Next resistance seen at the Aug30 high of $1.1718 ahead of $1.1733/38
with stronger reported resistance noted into $1.1750. A break above this level
to concern some of the longer term shorts. 
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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