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1.1240/50 Key resistance: *RES....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: 1.1240/50 Key resistance:
*RES 3: 1.1281/84/86 High Jul 18/High Jul 15/High Jul 11
*RES 2: 1.1256/60 Trendline drawn off Jan 10 high/Cloud base
*RES 1: 1.1227/50 100-dma/High Aug 06
*PRICE: 1.1201 @ 14:45 GMT Aug 08
*SUP 1: 1.1168 Low Aug 06
*SUP 2: 1.1145 200-hma
*SUP 3: 1.1102 Low Jul 25
EURUSD remains locked in a 1.1150-1.1250 range, despite a brief spell of Trump
Tweet-inspired volatility. For bulls to build on the base established at last
Thursday's low of 1.1027, a close above the 100-dma and previously hard to
overcome 1.1240/50 area is required to extend the uptrend. A break opens
trendline resistance drawn off the Jan 10 high & cloud base at 1.1256/60.
Short-term support is located at the 200-hma of 1.1145, a break opens the Jul 25
low at 1.1102.

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