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Cycle Lows Under Pressure.........>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Cycle Lows Under Pressure
EURUSD sits just above the Oct 9 lows at 1.1432 following yesterday's weakness,
with a break below here needed to allow bears to retest of the August lows at
1.1301. The broader downtrend has resumed and bulls need to recover 1.1600 to
change the short-term outlook, before challenging the 100-dma & 1.618% swing
target at 1.1622/32.

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