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Continues to trade with a heavy feel,...>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Continues to trade with a heavy feel, the rate earlier finding
decent resistance around the $1.1440 before sinking back. Rate has now broken
below Monday's low of $1.1425 to extend slippage to $1.1414 with recovery
efforts remaining very shallow. Some support seen to $1.1400, which if holds
could allow for a bounce back to $1.1440/50 area, but a break of $1.1395/90
exposes the $1.1363 level, according to one tech trader spoken to.
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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