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Topside extends to $1.1696 before.......>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Topside extends to $1.1696 before momentum fades, though again
pullback so far holds fairly shallow. Rate currently trades around $1.1690.
Above $1.1700 and rate exposes next resistance at $1.1725/30, with the 100-dma
coming in close behind at $1.1732, with one trader also noting a H&S neckline at
$1.1739. 
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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