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Downtrend Resumes After a lower...>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Downtrend Resumes
After a lower high was established last week downside momentum has picked up
with the 55-dma and Aug 27 lows giving way to confirm the downtrend and
challenge the 21-dma at 128.07. A close above the 100-dma and recovery back
through 130.00 would see bulls reclaim the upper hand, focusing on the key
200-dma at 131.29, ahead of the July 17 high at 131.99.

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