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$1B CDP Launched; $18.55B Priced Monday

Trades Either Side of 1.13........>

EURO-DOLLAR TECHS: Trades Either Side of 1.13
EURUSD recovers off pullback lows of 1.1271 to hold either side of the 1.13
level. Bears need a break of 1.1200 to resume the downtrend, opening the 61.8%
fibo of $1.0341-1.2555 at 1.1187, ahead of a potential return to 2017 lows.
Bulls need a close above 1.1350/55 to improve the short-term outlook, a level
that also holds down trendline resistance off the Sep high. The 21-dma & Nov 8
high is placed behind at 1.1382/1.1445, ahead of option-related supply at 1.15.