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Back in The Range EURUSD..........>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Back in The Range
EURUSD breached trendline resistance off the Mar 4 high & 1.1250 level
yesterday, before drifting back into the range. A weekly close above the 50 &
55-dma's at 1.1252/63 would turn the outlook more bullish, returning the focus
to the 100-dma & Apr 17 high at 1.1321/24. Bears need to clear the May 7 low at
1.1167 to put the focus back on the May 3 low at 1.1135. Below here opens a run
at the Apr 26 & May 30 2017 lows at 1.1112/10.

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