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EZ services PMI underpin: *RES....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: EZ services PMI underpin:
*RES 4: 1.1229/32/35 55-dma/100-dma/50-dma
*RES 3: 1.1184/88 21-dma/Jul 25 high
*RES 2: 1.1174 38.2% 1.1412 - 1.1027
*RES 1: 1.1162 Jul 31 high
*PRICE: 1.1140 @ 08:35 GMT Aug 05
*SUP 1: 1.1107/05 100-hma/Intraday low
*SUP 2: 1.1027/23 YTD low/May 08, 2017 high
*SUP 3: 1.1016 Lower 1.0% 10-dma envelope
*SUP 4: 1.0995 Lower Bollinger Band (3%)
Improved Services PMI readings across Europe (except Germany) underpinned the
Euro. Bulls continue to build on the base established at Thursday's low of
1.1027, and now eye a return to the July 31 high & 38.2% retracement level at
1.1162/74. Above here opens the 100-dma & former trendline support-turned
resistance at 1.1232/35. Key support remains at 1.1027 from the recent ytd low.

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