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Having based ahead of $1.1500, EURUSD...>

EURO-DOLLAR
EURO-DOLLAR: Having based ahead of $1.1500, EURUSD extends its recovery in early
NY to settle mid-range, last $1.1543. Light USD profit take sales behind the
move with near-term resistance at $1.1580 from the Asia high. Above here targets
the 55-dma at $1.1614, ahead of the 100-dma & Sep28 high at $1.1647/51. Should
the downtrend resume, bears target a break of the key $1.1500 level, opening the
76.4% retracement at $1.1422. 

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