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Approaching Support At 1.15.......>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Approaching Support At 1.15
Bears regained control late last week with the 1.16 level giving way to shift
the focus back to 1.15 and the longer-term downtrend. A break below here brings
the ytd low at 1.1301 into view. Bulls need to reclaim 1.1600 to focus on
trendline resistance and the 100-dma at 1.1698/1705, a break of which opens the
Aug 28 high at 1.1733.

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