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Stuck Below 1.13 Recovery.........>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Stuck Below 1.13
Recovery efforts have so far failed to hold above the 1.13 level which keeps the
downtrend intact with near-term focus on Friday's low at 1.1273. Below here
would bring the March 7 ytd low of 1.1177 back into focus. Bulls need to recover
the 100-dma & broken trendline resistance at 1.1366/79. Consolidation above 1.14
would cement the uptrend, opening the Mar 20 high at 1.1448.

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