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Builds Momentum EURUSD received...>

EURO-DOLLAR TECHS: Builds Momentum
EURUSD received a boost after the weak US CPI print, with the recovery extending
through 1.1250. A weekly close above the 50 & 55-dma's at 1.1252/63 would turn
the outlook more bullish, opening a run at the 100-dma & Apr 17 high at
1.1321/24. Bears need to take out the May 7 low at 1.1167 to put the focus back
on the May 3 low at 1.1135. Below here opens a move toward the Apr 26 & May 30
2017 lows at 1.1112/10.

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