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Bullish Outlook Despite...........>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Bullish Outlook Despite Pullback
*RES 3: 1.1460 High Jun 16
*RES 2: 1.1422 High Jun 10 and the bull trigger
*RES 1: 1.1371/1404 Intraday high / High Jun 11
*PRICE: 1.1304 @ 17:06 BST Jul 9
*SUP 1: 1.1259 Low Jul 7
*SUP 2: 1.1219 Low Jul 3
*SUP 3: 1.1168 Low Jun 19 and the bear trigger
EURUSD pulled away from highs of 1.1371 into the close Thursday, but losses for
now are too shallow to switch the outlook. As such, the bullish theme remains
intact. The pair has breached resistance 1.1349, Jun 23 high to reinforce
bullish conditions and this highlights potential for a climb towards the next
key hurdle for bulls at 1.1422, Apr 10 high. A break of this resistance would
open 1.1495 further out, Mar 9 high. On the downside, support is seen at 1.1259,
the Jul 7 low.

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