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Recovery seen meeting decent............>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Recovery seen meeting decent resistance at the $1.1295 level though
corrective pullbacks so far remaining fairly shallow. Resistance seen to $1.1300
($1.1299 50% $1.1420-1.1177), a break to expose $1.1327(61.8%). Minor support
noted at the earlier hourly highs of $1.1285, more at $1.1270 with stronger
interest into $1.1250. 
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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