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Further catalyst needed to........>

EURO-DOLLAR TECHS: Further catalyst needed to extend move higher:
*RES 3: 1.1352 200-DMA
*RES 2: 1.1348 High Jun 7 and key resistance
*RES 1: 1.1346 2.0% Upper Bollinger Band
*PRICE: 1.1278 @ 15:38 GMT June 20
*SUP 1: 1.1181 Low Jun 18
*SUP 2: 1.1152 Low Jun 3
*SUP 3: 1.1116 Low May 30
EURUSD rallied further throughout European trading hours, topping out at 1.1317
at the NY crossover. The upside follow through on the back of the Fed highlights
a strong bullish short-term technical outlook, but the move looked somewhat
fatigued north of 1.13. Highs seen in early June sit above from 1.1348, which
become the first target for bulls. On the downside, a revisit of 1.1200 would
negate the most recent bullish developments and refocus attention on support at
1.1152. Clearance of 1.1152 would again open 1.1116 and 1.1100.

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