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EUR/USD eventually met decent support...>

EURO-DOLLAR
EURO-DOLLAR: EUR/USD eventually met decent support at $1.1530 on Tuesday as USD
strength pressured, before the pair recovered back above $1.1580 through the
London fix. The rate last deals at $1.1585.
- The pair continues to generate bearish signals intraday. $1.1500 provides the
next support area, a break below here puts focus back on the YtD low ($1.1301).
Bulls initially need to reclaim the 50-DMA (1.1614).
- Regional services & composite PMI data, EZ retail sales & ECB's Praet headline
the EZ docket today.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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