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1.1500 Remains Key After..........>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: 1.1500 Remains Key
After breaking back up through neckline support-turned-resistance at 1.1500,
EURUSD extended gains to 1.1542 before fading. Consolidation above the 1.1500
level would see bulls have the upper hand and look to break back into last
month's trading range. A close above 1.1536 would shift the focus to the upper
end of this range, which currently comes in at 1.1702. Bears need to close below
1.1500 in order to return focus to the downside.

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