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EURO-DOLLAR: Rate's modest recovery fades further as EUR/USD turns back towards
the overnight/late yesterday lows of $1.1216. The lower 3% Bollinger band sits
just below that mark at $1.1208 and a break below would reassert the bearish
argument. A fall through $1.12 would be the first since June 2017 and would
extend the losses from the year's highs to well over 10%. Support is touted to
kick in ahead of the $1.12 handle before the 61.8% fibo level for the
$1.0341-1.2555 move at $1.1187.