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Bullish Reversal Brewing EURUSD...>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Bullish Reversal Brewing
EURUSD extended gains through yesterday's NY session high, lending further
support to the recovery. This brings the 100-dma into view at 1.1397, ahead of
cloud top resistance at 1.1430. Above here would suggest a potential return to
down trendline resistance & Jan 15 high at 1.1475/90. Downside focus remains on
the Feb 15 low at 1.1234, a break would trigger a potential bear flag,
strengthening the downtrend toward 1.1187 which represents the 61.8% retracement
of 1.0341-1.2555.

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