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Accelerating Downtrend............>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Accelerating Downtrend
Yesterday's data driven drop below 1.1350 and accelerating downtrend has brought
the Jan 24 low at 1.1290 into focus. A break brings the 2018 low at 1.1216 back
into view. Bulls need to recover the 100-dma at 1.1424 to stabilise the
short-term outlook. A break of 1.15 would open trendline resistance & the Jan 31
high at 1.1507/14.

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