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Testing 1.12 EURUSD is testing....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Testing 1.12
EURUSD is testing the 1.12 level as rally attempts continue to give way to
weakness. A close below 1.12 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 1.1164. Bulls need
to recover 1.1330/35 to improve the outlook, opening the broken trendline
resistance & 100-dma at 1.1356/60.

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