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Fading The Rally Yesterday's......>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Fading The Rally
Yesterday's bullish break of the 100-dma & key 1.1500 level extended to 1.1570,
before fading. Bears need a move back below 1.15 to gain some breathing room,
targeting the 100-dma & 76.4% retracement at 1.1477/70. The next upside target
comes in at 1.1581/87 from the Oct 17 high & 61.8% retracement level,
option-related supply is placed behind at 1.1600.

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