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Continued post FOMC pressure on the.....>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Continued post FOMC pressure on the USD allows rate to probe above
its Jun14 high of $1.1289, extending recovery to $1.1292 with underlying tone
buoyant at writing. Some expectation of resistance into $1.1300, with the Jun13
high of $1.1304 coming in just above, along with the 76.4% retracement of the
last fall from $1.1348 to $1.1181 at $1.1309. Above here to expose the falling
trend resistance at $1.1329, drawn off the 2019 highs Jan10. 
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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