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Still Unable To Hold 1.16 The....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Still Unable To Hold 1.16 
The outlook remains neutral following EURUSD's failure to sustain the break
above 1.16 yesterday. Bulls need a close above here to change the short-term
outlook before challenging the 100-dma at 1.1628. A break would see momentum
start to build, opening the September highs at 1.1815. Friday's low of 1.1535
remains the bears' main focus, a break of this level is needed to target the
October lows at 1.1432.

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