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Close Below 1.14 Keeps Focus......>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Close Below 1.14 Keeps Focus Lower
EURUSD reached as high as 1.1416 yesterday before closing back below 1.14 again
to keep the bearish trend intact. Friday's low of 1.1336 remains the main focus
for bears, just above the August lows of 1.1301. A break below here opens the
long-term 61.8% fibo from the Jan 2017 low - Feb 2018 high at 1.1187, ahead of
the psychological 1.10 level. On the topside bulls need a close above 1.1432 to
change the short-term outlook, targeting the 100-dma & Oct 16 high at
1.1598/1621.

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