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Momentum Building EURUSD has so...>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Momentum Building
EURUSD has so far failed to break back above 1.1800, despite this the bullish
trend remains intact. Near-term resistance comes in at 1.1851 from the June 14
high, a break targets the 50% retracement (Feb high - Aug low) & 200-dma
resistance levels at 1.1928/47. A close below neckline support at 1.1724 would
open the 100-dma at 1.1660. A break back below here is needed to shift the focus
back to the downside, suggesting a resumption of weakness towards the Sep 10 low
at 1.1526.

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