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$1.1723 Resistance Key This.......>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: $1.1723 Resistance Key This Week
*RES 4: $1.1820 High June 11
*RES 3: $1.1723 Low June 13 now resistance
*RES 2: $1.1680 21-DMA
*RES 1: $1.1660 Hourly resistance June 14
*PRICE: $1.1593 @ 2130GMT
*SUP 1: $1.1528 Low June 19, Bollinger band base 
*SUP 2: $1.1506 2018 Low May 29 
*SUP 3: $1.1470 Low July 18 2017 
*SUP 4: $1.1406 200-WMA
*COMMENTARY: Bears remain focused on tests of 2018 lows although follow through
was lacking Tuesday with support emerging ahead of 2018 lows. The Bollinger base
is the key concern for bears and currently limits follow through. Bears continue
to look for a close below $1.1311 to confirm breaks of 100 ($1.1429) & 200-WMAs,
shifting immediate focus to $1.1117 June 2017 lows. Bulls still need a close
above $1.1723 to shift focus back to $1.1854-94.

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