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EUR/USD trades flat at $1.1323 after....>

EURO-DOLLAR
EURO-DOLLAR: EUR/USD trades flat at $1.1323 after slipping 18 pips Friday, with
price action largely driven by broader dollar strength. 
- It is worth mentioning Italy is drawing attention again after its Deputy PM
Salvini said that the Bank of Italy & the financial market regulator Consob
"should be reduced to zero - more than changing one or two people", as they
failed to effectively fight malpractice in the banking sector. 
- Initial support is located at the psychological $1.1300 level and a fall below
would open up the YTD low/lower 1.0% 10-DMA envelope at $1.1290/87. On the
topside, bulls need to retake Friday's peak at $1.1351 before attempting a run
at the 21-DMA/50-DMA at $1.1394/97. 
- EZ focus this week turns to German & EZ GDP figures due Thursday. Elsewhere,
ECB's Vice Pres de Guindos & Knot will speak later today, Lane, Weidmann &
Lautenschlaeger are due to speak Tuesday, Lane will also appear Wednesday, while
Coeure & Angeloni are set to speak Friday.

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