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Bulls Need Close Above 1.14.......>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Bulls Need Close Above 1.14
EURUSD squeezed to 1.1420 but has since retraced back under 1.14, suggesting
another false break. A close above would re-ignite momentum and bring the cloud
top & 61.8% retracement level into view at 1.1439/42. A break opens down
trendline resistance & Jan 15 high at 1.1455/90. 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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