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Resting back on the earlier Asian.......>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Resting back on the earlier Asian high of $1.1802, after rate
spiked up to $1.1814. Move higher was suggested led by Eur/Chf, which itself
made a show above Chf1.1500 only to ease back toward the Chf1.1480 area. Eur/Usd
currently trades around $1.1804. Option expiry with a strike at $1.1800 (E896mn)
may influence if market remains fairly subdued. Hourly resistance noted between
$1.1820/40. Support noted around the $1.1780 level (200-week ma). . 
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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