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False Upside Break Keeps Bears....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: False Upside Break Keeps Bears In Control
EURUSD breached down trendline resistance yesterday before reversing to the
downside to keep the bearish trend intact. The Nov 28 low at 1.1267 now comes
into view, ahead of the Nov 12 ytd low at 1.1216. Bulls need a close above
1.1413 to improve the outlook and open the Nov 22 high & 50-dma at 1.1434. 

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