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EURUSD: Multiyear Lows Post ECB...>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: EURUSD: Multiyear Lows Post ECB
EURUSD touched multi-year lows (lowest since June 2017) after the ECB announced
its new TLTRO programme, tweaked forward guidance and downgraded
growth/inflation forecasts. A break of 1.12 could accelerate the move toward
1.1187/79 which represents the 61.8% fibo & Jun 27 2017 low. Bulls need to
recover 1.13, before challenging the 50% retracement & 100-dma at 1.1374/77.

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