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Friday's Low Marks An important...>

EURO-DOLLAR TECHS: Friday's Low Marks An important S/T Support
*RES 4: 1.1495 High Mar 9 and primary resistance
*RES 3: 1.1460 High Jun 16
*RES 2: 1.1422 High Jun 10 and the bull trigger
*RES 1: 1.1371/1404 High Jul 9 / High Jun 11
*PRICE: 1.1310 @ 11:09 BST Jul 13
*SUP 1: 1.1255 Low Jul 10 and key intraday support
*SUP 2: 1.1219 Low Jul 3
*SUP 3: 1.1168 Low Jun 19 and the bear trigger
*SUP 4: 1.1163 High Mar 30
EURUSD continues to trade above Friday's low of 1.1255 that offered support late
last week. Short-term price moves down are still considered corrective with a
bullish outlook dominating. This follows recent gains and last week's breach of
resistance at 1.1349, Jun 23 high. The break reinforced bullish conditions and
highlights potential for a climb towards 1.1422, Apr 10 high. 1.1255, Jul 10 low
marks an important short-term support. 

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