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Downtrend Strengthening The.......>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Downtrend Strengthening
The pair's recovery back above 1.14 proved short-lived as NY sold the pair down
to fresh 13 month lows and weakness continued into Asian trading. Bulls will
need to recover Friday's high of 1.1482 before any attempt on the neckline
support-turned-resistance at 1.1500. Bears eye the 1.618% swing line for the
$1.1365-1.1433 move at $1.1323 and July 5th 2017 lows of $1.1313 to continue the
downtrend.

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