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Holding Above 1.1600 EURUSD.......>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Holding Above 1.1600
EURUSD held above the 1.1600 level yesterday and is looking to challenge the top
of its weekly range. A close above 1.1650 would suggest further gains towards
the 100-dma and trendline resistance at 1.1682/90, ahead of the Aug 28 high at
1.1733. Bears need to regain the 1.16 level to resume the downtrend and return
the focus to the ytd low at 1.1301.

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