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USDCAD TECHS

Stronger In a Range

AUDUSD TECHS

Weaker In A Range

US TSYS SUMMARY

Ending The Week On A Soft Note

EURJPY TECHS

Bearish Risk Growing

USDJPY TECHS

Stronger, But Still Vulnerable

US

SP500 PE Ratio vs. CPI Inflation

Extends Bounce *RES 4: 1.1321.....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Extends Bounce
*RES 4: 1.1321 High Jul 2
*RES 3: 1.1286 High Jul 11 and 76.4% of the Jun 25 - Oct 1 Decline
*RES 2: 1.1250 High Aug 6
*RES 1: 1.1239 High Dec 31 and bull trigger
*PRICE: 1.1182 @ 16:12 GMT Jan 6
*SUP 1: 1.1157 Intraday low
*SUP 2: 1.1125 Low Jan 3
*SUP 3: 1.1096 Low Dec 27
*SUP 4: 1.1066/63 Low Dec 20 / 100-dma
EURUSD found decent support at the open Monday following the recovery off
Friday's low of 1.1125. This reinforces the view the recent pullback has been
corrective, with the underlying outlook still bullish. Last week saw the pair
trade through key resistance of 1.1199, the Dec 13 high confirming a resumption
of the recovery that began in early October. Attention is on 1.1250, Aug 6 high
and 1.1286, Jul 11 high. Support lies at 1.1125.