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Nudging toward the earlier Asian high...>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Nudging toward the earlier Asian high of $1.1450 (current level
$1.1444 after touching $1.1448) but expected to meet resistance here again.
However, a break above $1.1458 seen needed to expose the stronger resistance
area between $1.1495/1.1515 area Support remains at $1.1435/30, a break likely
to interest short term technical traders to move into any dips between
$1.1420/10, though an hourly close below $1.1400 would negate this outlook. 
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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