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100-dma Holding, For Now..........>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: 100-dma Holding, For Now
Failure to build above 1.13 keeps the short-term outlook neutral. The 100-dma
has so far provided support at 1.1271 and will be monitored at the close.
Further support is located behind at 1.1251/28 from the Jun 7 low & 50%
retracement of 1.1107-1.1348. Bulls need a convincing break of 1.13 to return
the focus to the 2019 resistance line & Jun 7 high at 1.1338/48.

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