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Dragonfly Doji EURUSD charted a...>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Dragonfly Doji
EURUSD charted a dragonfly doji on Friday, a close above 1.1296 is needed for
confirmation which could signal a key bullish reversal. Near-term resistance is
seen at 1.1341/42 from the 38.2% retracement level & Feb 13 high, a break opens
the 100-dma at 1.1401, ahead of a potential return to down trendline resistance
at 1.1481. Bears need to clear 1.1234 to reignite downside momentum. A break
would trigger a potential bear flag, strengthening the downtrend toward 1.1187
which represents the 61.8% retracement of 1.0341-1.2555.

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