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Stuck in The Range Strong US......>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Stuck in The Range
Strong US data was the catalyst to knock EURUSD back under the 1.12 level.
Narrow range trade continues with key resistance at 1.1255/65 from the down
trendline off Jan highs & May 1 high. Above here opens a run at the 100-dma at
1.1313, ahead of triple-top resistance at 1.1320/25. Bears need a close below
1.12 to put the focus back on the May 7 low at 1.1167, ahead of the May 3 low at
1.1135.

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