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Bulls Target 1.1250/55 To Form....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Bulls Target 1.1250/55 To Form A Base
EURUSD was unable to take out 1.1250/55 on Friday despite a post US NFP spike
which reached 1.1246. A break above this area is needed to open the 38.2%
retracement at 1.1285, ahead of a run at the 1.1300 level. 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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