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Watching The Directional..........>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Watching The Directional Triggers
*RES 4: 1.1422 High Jun 10 and the bull trigger
*RES 3: 1.1353 High Jun 16
*RES 2: 1.1349 High Jun 23 and key resistance
*RES 1: 1.1260 High Jun 25
*PRICE: 1.1225 @ 05:40 BST Jun 26
*SUP 1: 1.1191 Low Jun 25
*SUP 2: 1.1168 Low Jun 19 and the bear trigger
*SUP 3: 1.1163 High Mar 30
*SUP 4: 1.1098 50.0% retracement of the May 14 - Jun 10 rally
EURUSD is softer having failed to hold onto recent gains. The pair stalled at
1.1349 Tuesday. A bearish theme appears to be re-establishing itself although
for now, activity remains within the key directional parameters. We have
mentioned this week that price needs to hold above 1.1168, Jun 19 low to
maintain a bullish outlook. A break would be bearish. On the upside, the bull
trigger is 1.1349. A break would remove any bearish concerns.

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