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Boosted After Soft US Jobs Data...>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Boosted After Soft US Jobs Data
EURUSD spiked through 1.1325 on extended react to the very weak US jobs data. A
positive close above 1.13 (for the first time since Apr 15) would please bulls
and put the focus on the 200-wma at 1.1347. Further resistance is located behind
at 1.1368 from the 200-dma (last closed above, Apr 30 2018), ahead of the Mar 22
high & 61.8% retracement of 2019 range at 1.1391/93. Bears need a break back
under the 100-dma, before challenging hourly support at 1.1240/45.

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