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Having rejected a break of the..........>

EURO-DOLLAR
EURO-DOLLAR: Having rejected a break of the $1.1400 level, EURUSD retraces early
gains to $1.1378. The Nov2 low provides near-term support at $1.1372, ahead of
$1.1361/50 (61.8% $1.1302-1.1456/Expiry E1.06bn). In a similar move GBPUSD drops
+20 pips to re-challenge the $1.30 level. The Asia low is seen as support at
$1.2983, a break opens the Nov2 technical gap at $1.2972. 

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