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Downtrend Intact Recovery.........>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Downtrend Intact
Recovery efforts have so far remained shallow and keeps the recent downtrend
intact. EURUSD nears yesterday's weekly low at 1.1166, with a break here needed
to open the May 3 low at 1.1135. Below here opens a run at the Apr 26 ytd low &
May 30 2017 low at 1.1112/10. Bulls need to recover 1.12 on a closing basis,
before targeting key resistance at 1.1255/65 from the down trendline off Jan
highs & May 1 high.

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