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Bears Target Uptrend Support......>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Bears Target Uptrend Support
EURUSD breached trendline support to 1.1336 Tuesday, but failed to close below.
A downside break would trigger a potential bear flag, opening a run at the ytd
low at 1.1309 & Nov lows at 1.1216. Bulls need to regain 1.14 to improve the
outlook, targeting a break of the 100-dma and 1.15 level. Above here would put
the focus back on the Jan 10 high at 1.1570.

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