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Bullish Break EURUSD surged.......>

EURUSD surged through 1.12, before topping out ahead of 1.1250. Bulls will look
for a close above broken trendline resistance & the 50-dma at 1.1248/55 to
cement the uptrend. Above here would bring the May 1 high & 55-dma into play at
1.1265, ahead of the 50% retracement level of the Mar - Apr fall at 1.1280.
Bears need to clear the May 7 low at 1.1168 to put the focus back on the May 3
low at 1.1135. Below here opens a run at the Apr 26 & May 30 2017 lows at

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