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Building Momentum Having..........>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Building Momentum
Having recovered the 1.12 level on a closing basis yesterday, momentum continues
to build through Europe. EURUSD rests on resistance from the 21-dma at 1.1234,
with a break here needed to extend the uptrend towards broken trendline
resistance & 55-dma at 1.1250/79. Above here opens a run at the 1.13 level,
ahead of the Mar 25 high & 100-dma at 1.1331/33. Bears need a break back under
1.12 to return the focus to the Apr 26 & May 30 2017 lows at 1.1112/10.

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