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Risk On Offering Little Help......>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Risk On Offering Little Help
EURUSD trades just off of last week's lows despite a return to global risk
appetite. Near-term focus remains on the long-term 61.8% retracement level at
1.1213. Below here would see bears target a break of the Mar 7 ytd low at
1.1177, ahead of channel base support off the Nov lows at 1.1167. Bulls need to
recover 1.1330/35 to improve the outlook, opening the 100-dma & broken trendline
resistance at 1.1360.

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