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Clutching At 1.15 EURUSD..........>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Clutching At 1.15
EURUSD reclaimed 1.1500 for much of the NY session and is looking to build on
recent momentum. Bulls need to recover 1.1600 to change the short-term outlook,
before targeting the 100-dma at 1.1640 and Sep 24 high at 1.1815. Bears eye a
close back under 1.1500 before challenging 1.1422 which represents the 76.4%
retracement of the Aug low - Sep high. Below here opens the Aug 15 ytd low at
1.1301.

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