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EURUSD breached trendline resistance....>

EURO-DOLLAR
EURO-DOLLAR: EURUSD breached trendline resistance of the Mar 20 high, briefly
touched $1.12 before fading. Further resistance is located from the 50-dma,
trendline off the Jan high & 55-dma at $1.1209/13/22. The falling wedge triangle
pattern remains in play with a break of $1.1235 needed for confirmation, which
could trigger further gains towards the 100-dma at $1.1279. Main focus on this
Thursday's ECB meeting for clearer direction. Last $1.1195. 

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