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1.1535 Double-bottom Support......>

EURO-DOLLAR TECHS: 1.1535 Double-bottom Support
Having earlier based at 1.1535, the recovery extended through down trendline
resistance to 1.1606 before fading. Bulls need a close above 1.1600 to change
the short-term outlook before challenging the 100-dma at 1.1628. Above here
would see momentum start to build, opening the September highs at 1.1815. Bears
focus remains on the 1.1535 double-bottom area, a break here targets the October
lows at 1.1432.

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