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Bulls Need to Clear 1.1250/55.....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Bulls Need to Clear 1.1250/55
EURUSD has so far failed to take out 1.1250/55 and gives more importance to this
level. A break above here is needed to open the 38.2% retracement at 1.1285,
ahead of a run at 1.1300 & the 50-dma at 1.1318. Bears continue to target a
break of 1.1200, before challenging the Mar 7 low & channel base support at
1.1177/57.

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