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Bulls Need Weekly Close Above.....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Bulls Need Weekly Close Above 1.15
EURUSD touched post NFP highs of 1.1486, before fading. Bulls need a close above
1.15 to extend the uptrend and bring the Jan 31 high & trendline resistance into
view at 1.1514/22. A break opens the 200-dma & ytd Jan 10 high at 1.1559/70.
Bears look to close back below 1.1400 and the 50-dma before targeting the
1.1300/05 area, below which would suggest a return to the Nov lows & long-term
61.8% fibo at 1.1216/13.

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