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Continues to hold above $1.1100, with...>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Continues to hold above $1.1100, with rate consolidating through
Asia between $1.1119/39. Resistance remains into Monday's NY high of $1.1140, a
break to open a move toward Monday's high of $1.1154(Europe morning Monday) with
key tech resistance residing close behind at $1.1163(Mar30 high, 61.8%
1.1495-1.0626 2020 range). Support remains around $1.1120, strengthening toward
$1.1100, a break here to expose $1.1080. A light data and event calendar for
Tuesday. Attention remains on outlook for risk, barometer for this seen via
equity markets. ECB meeting Thursday looms.  
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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