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Improved Outlook With EURUSD......>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Improved Outlook
With EURUSD breaching the 1.1250/55 level yesterday, the near term outlook has
improved allowing bulls to target the 38.2% retracement of 1.1448-1.1184 at
1.1285. Above here opens a run at the 1.13 level, ahead of the 55-dma & Mar 26
high at 1.1322/26. Bears need a downside break of 1.1200 to extend the downtrend
toward the Mar 7 low & channel base support at 1.1177/55.

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