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Downside Focus Failure to.........>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Downside Focus
Failure to recover 1.1350 keeps pressure on the downside with bears targeting a
close under 1.1300. Below here opens the Feb 19 low at 1.1276 ahead of the Feb
15 ytd low at 1.1234. To regain the upper hand bulls need a close above the
100-dma (1.1381), a level that has proved hard to overcome in recent sessions.
Above here would re-ignite momentum and bring the cloud top & trendline
resistance into view at 1.1419/45.

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