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Recovery Above 1.1400 Fails To....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Recovery Above 1.1400 Fails To Stick
Positive news on China-US trade talks helped EUR/USD clear short-term resistance
at 1.1350 and (briefly) rise above 1.14. The next upside target for bulls
remains at 1.1429, the Aug 14 high, a break above here would bring the August 6
low at 1.1530 into focus. Bears need to push back below 1.1350 to return the
focus lower and keep the bearish trend intact.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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