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Dips Back Under 1.14 EURUSD.......>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Dips Back Under 1.14
EURUSD surged to six week highs of 1.1448 following yesterday's dovish FOMC, but
has since pared light gains with the retracement extending back under 1.1400.
The 100 & 50-dma's are placed at 1.1368/56, while a downside break of 1.13
changes the short-term outlook with bears targeting the Mar 13 low & broken
trendline support at 1.1277/63. A close above 1.14 keeps the bullish picture
intact with topside focus on the 200-dma & Jan 15 high at 1.1480/90.

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