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Holding Either Side of 1.12.......>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Holding Either Side of 1.12
EURUSD touched recovery highs of 1.1218 but has far struggled to build gains.
The subsequent retracement extended back through 1.1200 with near-term support
from the 200-hma at 1.1182. Below here would see bears look to target Friday's
low at 1.1135, before challenging the Apr 26 & May 30 2017 lows at 1.1112/10.
Bulls look to clear the 21-dma & broken trendline at $1.1226/50, with a break
here needed to challenge the 55-dma & 1.13 level.

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