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Bulls Need to Clear 100-DMA.......>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Bulls Need to Clear 100-DMA
EURUSD remains stuck in its tight range just below the 100-dma & 61.8%
retracement level at 1.1394/1.1407. Bulls look for a break above here to improve
the outlook and open a potential return to down trendline resistance & Jan 15
high at 1.1465/90. Downside focus remains on the Feb 15 low at 1.1234, a break
would trigger a potential bear flag, strengthening the downtrend toward 1.1187
which represents the 61.8% retracement of 1.0341-1.2555.

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