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US EURODOLLAR TECHS: (H18) Edging Ever Closer to 98.200 Support
*RES 4: 98.365 Oct 30 high
*RES 3: 98.345 Oct 6 low, now resistance
*RES 2: 98.325 Nov 15 high
*RES 1: 98.295/305 Hourly resistance
*PRICE: 98.215 @1205GMT
*SUP 1: 98.215 Dec 12 low
*SUP 2: 98.200 Jan 26 high, Mar 15 low
*SUP 3: 98.185 61.8% Fibo of 97.535-98.240
*SUP 4: 98.165 Mar 30 2015 high, now support
*COMMENTARY* Some movement last month, support from 98.290 the 76.4% Fibo
retrace level gave way, followed by the Mar 16 base at 98.260. Now support from
98.240 has broken, a sustained break below and the dual support from 98.200
comes back into view. To provide any relief, then an initial move back above
98.295-98.305 is needed before thoughts can turn to a better 98.325-98.365