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EURO-DOLLAR TECHS: Bulls Targeting 1.15
Broad-based USD sales through Europe extended the rally to 1.15, before
option-related supply capped topside gains. Bulls are closing in on a break
above, targeting the Oct 22 high & 50% retracement level at 1.1550/59, the
100-dma sits just behind at 1.1584. Bears need to break back below the 21-dma,
returning focus to the Nov 5 low at 1.1354, just ahead of the Oct 31 and Aug 15
lows at 1.1309/02.