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EURUSD sits around 15 pips softer at....>

EURO-DOLLAR
EURO-DOLLAR: EURUSD sits around 15 pips softer at 1.1765, off of session lows at
1.1755.
- Fresh 2018 lows made on Monday lacked follow through with the pair bouncing
from ahead of the Bollinger band base (coming in at 1.1681 today). In saying
that, bulls continue to look for a close above the May 17 high (1.1838) to gain
breathing room. Initial support sits at the YtD low (1.1715).
- It is worth noting that there is EUR1.11bln of 1.1750 & EUR 1.03bln worth of
1.1785 options set to roll off at today's 10AM NY cut.
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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