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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessDowntrend Strengthening The.......>
EURO-DOLLAR TECHS: Downtrend Strengthening
The pair's recovery back above 1.14 proved short-lived as NY sold the pair down
to fresh 13 month lows and weakness continued into Asian trading. Bulls will
need to recover Friday's high of 1.1482 before any attempt on the neckline
support-turned-resistance at 1.1500. Bears eye the 1.618% swing line for the
$1.1365-1.1433 move at $1.1323 and July 5th 2017 lows of $1.1313 to continue the
downtrend.
To read the full story
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Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.