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EURUSD: Trading Within Its........>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: EURUSD: Trading Within Its Directional Triggers
*RES 4: 1.1495 High Mar 09 and a major resistance
*RES 3: 1.1422 High Jun 10 and the bull trigger
*RES 2: 1.1353 High Jun 16
*RES 1: 1.1349 High Jun 23 and intraday key resistance
*PRICE: 1.1229 @ 10:10 BST Jun 25
*SUP 1: 1.1210 20-day EMA
*SUP 2: 1.1168 Low Jun 19 and the bear trigger
*SUP 3: 1.1163 High Mar 30
*SUP 4: 1.1098 50.0% retracement of the May 14 - Jun 10 rally
EURUSD has failed to hold onto gains achieved earlier this week, stalling at
Tuesday's 1.1349 high. A bearish theme appears to be re-establishing itself
although for now, the pair remains within its key directional parameters. We
have mentioned this week that the price needs to hold above 1.1168, Jun 19 low
to maintain a bullish outlook. A break would be bearish. The bull trigger is
1.1349. However while the pair trades below this level, a bearish threat exists.

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