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Bulls Fail To Recover 1.15 .......>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Bulls Fail To Recover 1.15 
EURUSD was unable to break back above the 1.15 level despite a post NFP highs
spite to 1.1486, which keeps the short term outlook neutral. A break above 1.15
is needed to extend the uptrend and bring the Jan 31 high & trendline resistance
into view at 1.1514/22. A break here would shift the outlook bullish and open
the 200-dma & ytd Jan 10 high at 1.1556/70. Bears look to close back below
1.1400 and the 50-dma before targeting the 1.1300/05 area, below which would
suggest a return to the Nov lows & long-term 61.8% fibo at 1.1216/13.

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