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Touched an extended low of $1.1162,.....>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Touched an extended low of $1.1162, holding just shy of technical
support at $1.1161(50% retracement of the recovery off the May23 YTD low of
$1.1107 to Monday's high of $1.1215). A break here to expose the 61.8% level at
$1.1148, which also corresponds to an hourly low from May23. the 76.4%
retracement level is at $1.1132. Resistance remains into $1.1200, with earlier
talk suggesting interest extends toward $1.1220. 
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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