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False Break Puts Focus Lower......>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: False Break Puts Focus Lower
After breaching the upper boundary of its six-week triangle formation and the
key 1.1744 resistance level (July 26 high), the pair has given back gains,
shifting the focus lower once again into the consolidation range. Bears will
target 1.1620 to attempt to re-establish the longer-term downtrend. 

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