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Downtrend Support And 100-DMA.....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Downtrend Support And 100-DMA In Focus
EURUSD is up against down trendline resistance from the April highs and the
100-dma which come in at 1.1485. Above here shifts the outlook firmly bullish
opening the the Nov 7 high at 1.1500, ahead of the 50% retracement of
1.1815-1.1216 & cloud top at 1.1516. Bears need to clear broken downtrend
resistance-turned support at 1.1387, before focusing on the Nov 28 low at
1.1267.

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