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Breaks 1.1193 key support: *RES...>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Breaks 1.1193 key support:
*RES 4: 1.1313/44 200-dma / Low Jun 25
*RES 3: 1.1302 50% retracement of the Jun 25-Jul 9 sell-off
*RES 2: 1.1286/88 High Jul 11 and Jul 5 / Bull trigger
*RES 1: 1.1246/52 100-dma / cloud top
*PRICE: 1.1182 @ 09:02 GMT July 23
*SUP 1: 1.1181 Intraday low
*SUP 2: 1.1181 Jun 18 low
*SUP 3: 1.1153 2% lower Bollinger band
*SUP 4: 1.1116 Low May 30
EURUSD remains under pressure following Friday's rejection ahead of the key
1.1288 bull trigger and failure to hold above the 100-dma. The downtrend
extended through 1.1193, negating the bullish engulfing candle pattern of Jul 10
and now returns the focus to 1.1181 and 1.1159. EURUSD needs to recover 1.1288
to reinstate a bullish theme.

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