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Focus Remains On The Downside.....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Focus Remains On The Downside
EURUSD remains above the 1.1150 level after recovering some losses on Friday but
the broader bearish trend remains firmly intact. Friday's low comes in at 1.1112
just ahead of the May 30 2017 low at 1.1110 and the 1.11 handle. A break here
would likely accelerate the move toward the May 18 2017 low & down trendline at
1.1076/70. Bulls need to recover 1.12, before challenging the 21-dma & Apr 22
high at 1.1232/62.

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