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Breaks support at $1.1645 to extend.....>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Breaks support at $1.1645 to extend lows to $1.1638. Rate had
bounced off an Asian low of $1.1645 to $1.1660 ahead of the European open with
fresh selling into the new session having taken it back to retest that overnight
low. Initial support here did allow for a partial recovery to $1.1653 before
rate broke lower. Support now seen at $1.1631(38.2% $1.1554-1.1678) ahead of its
Nov10 low of$1.1623. 
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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