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Building Above 1.14 EURUSD........>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Building Above 1.14
EURUSD comfortably holds above descending trendline resistance and is starting
to build renewed momentum on the break of 1.14. Bulls need a close above here
turning focus toward the congested 1.1440/50 zone which holds the Dec 10 high &
38.2% retracement level of 1.1815-1.1216. A break opens the 100-dma & Nov 7 high
1.1487/00. Bears continue to look for a close below 1.13 to open the next layer
of support at 1.1267 from the Nov 28 low.

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