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EU Commission Cuts Economic.......>

EURO-DOLLAR TECHS: EU Commission Cuts Economic Forecasts
EURUSD traded through 1.1180 after the EU Commission cut growth forecasts for
Germany, Italy and the Eurozone. Recovery efforts have so far held shallow and
brings Friday's low back into view at 1.1135, ahead of the Apr 26 & May 30 2017
lows at 1.1112/10. Bulls need a close above 1.12 to put the focus back on the
21-dma & broken trendline at $1.1226/50.

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