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Back Below 1.30 EURUSD is back....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Back Below 1.30
EURUSD is back below the 1.30 level after yesterday's weakness has extended into
Asian trading. The Feb 19 low at 1.1276 is now the target ahead of the Feb 15
ytd low at 1.1234. To regain the upper hand bulls need a close above the 100-dma
at 1.1378, a level that has proved hard to overcome in recent sessions. Above
here would re-ignite momentum and bring the cloud top & trendline resistance
into view at 1.1419/45.

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