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EUR/USD last trades at $1.1457 in a.....>

EURO-DOLLAR
EURO-DOLLAR: EUR/USD last trades at $1.1457 in a very quiet early phase of the
Asia-Pacific session.
- On Thursday EUR saw a ~75 pip decline from the day's high on the back of news
re: Italian and Spanish expansionary fiscal plans facing resistance from the EU
Commission.
- Bears now focus on the Oct 9 lows at $1.1432 ahead of the August lows at
1.1301. Bulls need to break the key $1.6000 level to challenge the 100-DMA at
$1.1624.
- EZ focus Friday will fall on the aforementioned tensions surrounding the
Italian & Spanish budgets, as well as Brexit matters.

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