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Close Above Down Trendline........>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Close Above Down Trendline Resistance Key
EURUSD breached down trendline resistance, extended the move to 1.1419 before
fading. A close above 1.1413 installs a more positive outlook with bulls
targeting a break of the Nov 22 high & 50-dma at 1.1434/35. A close below keeps
the bearish trend intact, bringing the Nov 28 low at 1.1267 into view, ahead of
the Nov 12 ytd low at 1.1216.

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