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*** Breaks the next reported barrier....>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: *** Breaks the next reported barrier at $1.2050 (after earlier
break of $1.2000) and moves on to hit the reported technical target at $1.2063
(1.618% swing of $1.1910-1.1662). Rate currently trades around $1.2058.
Corrective pullbacks remain very shallow and seen keeping upside in focus. Next
resistance expected into $1.2080 ahead of $1.2095/1.2100. 
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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