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Based Ahead of 1.1290 EURUSD......>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Based Ahead of 1.1290
EURUSD formed a double bottom at 1.1290/95 with the recovery extending through
1.1330. Bulls need to clear the Jun 7 high at 1.1348 to reignite upside
momentum, before challenging the 200-dma at 1.1365 (last closed above, Apr 30
2018). Further resistance is located at 1.1391/93 from the Mar 22 high & 61.8%
retracement of 2019 range. Bears look for a return to the cloud top & 100-dma at
1.1280/74. Below here opens the Jun 7 low & 50% retracement of 1.1107-1.1348 at
1.1251/28.

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