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Recovery off low of $1.1793 touched a...>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Recovery off low of $1.1793 touched a high of $1.1831 as the single
currency made gains across the board, notably also vs sterling with EUR/GBP
bouncing from Gbp0.8713 to current level of Gbp0.8744. Resistance in EUR/USD
remains at the earlier Asian high of $1.1838 ahead of $1.1848/54 (55-wma/May16
high-$1.1853 38.2% $1.1996-1.1764).
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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