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Trendline Caps Gains Down.........>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Trendline Caps Gains
Down trend-line resistance off the Sep high capped topside gains, with the
retracement extending to 1.1365/70. Bulls need a close above 1.1400/05,
targeting a move toward the key 1.1450 resistance zone which holds the 38.2%
retracement of 1.1815-1.1216. A break opens the 100-dma & Nov 7 high 1.1490/00.
Bears look for a close below 1.13 to open the next layer of support at 1.1267
from the Nov 28 low.

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