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Hesitating Ahead of Resistance ...>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Hesitating Ahead of Resistance 
EURUSD continues to hesitate ahead of the July 31 high and 100-dma at 1.1742
keeping the ST outlook neutral for now. Bulls need a close above this level to
reignite bullish momentum and return attention to the inverse head-and-shoulder
target at 1.19. Bears need to see a close back below 1.16 to alleviate the
pressure and focus on the 1.15 area.

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