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Recovery Stalls Ahead of 1.1450...>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Recovery Stalls Ahead of 1.1450
EURUSD breached the August 13 high late Friday to 1.1445, but has so far failed
to challenge the 1.1450 area. Bulls look to retest broken neckline support, now
resistance at 1.1500, a close above here would shift the near-term outlook,
opening the August highs at 1.1698. Conversely, a break below 1.1350 would
return pressure to the downside and target the 1.1301 ytd low.

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