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Downtrend Intact Another false....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Downtrend Intact
Another false break above 1.1400 has seen EURUSD keep the recent downtrend
intact. Friday's low of 1.1336 remains the main focus for bears, just above the
August lows of 1.1301. A break below here opens the long-term 61.8% fibo from
the Jan 2017 low - Feb 2018 high at 1.1187, ahead of the psychological 1.10
level. On the topside bulls need a close above 1.1432 to change the short-term
outlook, targeting the 100-dma & Oct 16 high at 1.1602/21.

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