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Lacking Direction Yesterday's.....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Lacking Direction
Yesterday's hold above 1.1320 despite several intraday breaks below it keeps the
outlook neutral, with bulls looking to clear down trendline resistance at 1.1401
to regain control. This level was broken yesterday but failed to close above. A
downside break of 1.1310 opens the potential of a deeper correction towards the
Nov 28 low at 1.1267, ahead of the Nov 12 ytd low at 1.1216.

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