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Holding Heavy Having breached.....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Holding Heavy
Having breached the 1.13 level yesterday, recovery efforts have so far remained
shallow to keep the downtrend intact. Below 1.12 further strengthens the bearish
case, opening the 61.8% fibo of $1.0341-1.2555 at 1.1187, ahead of a potential
return to 2017 lows. Bulls initially need to recover 1.1350 to halt the
downtrend, before focusing on the 21-dma & Nov 8 high at 1.1400/1.1445.

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