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Ending the Week at its Lows.......>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Ending the Week at its Lows
EURUSD fell to its lows of the week on Friday following the release of French,
German and Eurozone PMI data in the European morning and the release of an MNI
sources story in the European afternoon, breaking below the 21-dma at 1.1367. A
close below here would bring the Oct 31 low of 1.1301 back into focus ahead of
the Nov 13 ytd low at 1.1216. To change the mood to bullish, a close above
1.1448 remains the key with the 50-dma at 1.1488, 100-dma at 1.1548 and down
trendline resistance at 1.1575.

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