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Focus Returns To The Lows.........>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Focus Returns To The Lows
EURUSD is testing 1.1251 in early Asian trading following yesterday's close back
through 1.13. Bears downside focus now turns to the Mar 7 ytd low at 1.1177.
Below here would bring in trend channel bottom from the Nov lows which comes in
at 1.1169 ahead of channel bottom from the Jan 21 lows at 1.1120. Bulls need to
clear 1.1330/35, before challenging the 100-dma & broken trendline resistance at
1.1362/71. A topside break of 1.1400 opens the Mar 20 high at 1.1448. 

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