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Closes Below 200-DMA *RES 4:......>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Closes Below 200-DMA
*RES 4: $1.2226 100-DMA
*RES 3: $1.2144 Hourly support Apr 26 now resistance
*RES 2: $1.2053 Low Apr 27 now resistance
*RES 1: $1.2014 200-DMA
*PRICE: $1.2003 @ 0210GMT
*SUP 1: $1.1914 2018 Low Jan 19 
*SUP 2: $1.1815 Low Dec 22 
*SUP 3: $1.1807 55-WMA 
*SUP 4: $1.1716 Monthly Low Feb 12
*COMMENTARY: The close below the 200-DMA, the first since April 2017 adds weight
to the bearish case with immediate focus on $1.1914 2018 lows and overall focus
now on $1.1807-15 where the 55-WMA is noted. O/S studies looking to correct
remain the key concern for bears. Bulls now need a close above $1.2053 to gain
breathing room and above $1.2144 to shift initial focus to key DMAs $1.2226-97.

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