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Bulls Focus on 1.1800 Above.......>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Bulls Focus on 1.1800
Above 1.1724 keeps the recent uptrend intact with bulls focusing on a break of
1.1800. Ahead of here lies the June 14 high at 1.1851 and a break targets the
50% retracement (Feb high - Aug low) & 200-dma resistance levels at 1.1928/46. A
close below neckline support at 1.1724 re-opens the 100-dma at 1.1659. A break
below here is needed to shift the focus back to the downside, suggesting a
resumption of weakness towards the Sep 10 low at 1.1526.

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