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Bulls Have The Near Term Edge.....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Bulls Have The Near Term Edge
With EURUSD breaching the 1.1250/55 level yesterday, the near term outlook has
improved allowing bulls to now target the 38.2% retracement of 1.1448-1.1184 at
1.1285. A break here needed to open the 55-dma & Mar 26 high at 1.1323/26. Bears
continue to target a break of 1.1200, before challenging the Mar 7 low & channel
base support at 1.1177/55.

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