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Immediate Focus Remains On 2018...>

EURO-DOLLAR TECHS: Immediate Focus Remains On 2018 Low
*RES 4: $1.1691 Daily Bear Channel top off Apr 19 high
*RES 3: $1.1665 21-DMA
*RES 2: $1.1644 Hourly resistance June 27
*RES 1: $1.1600 High June 28
*PRICE: $1.1568 @ 0210GMT
*SUP 1: $1.1506 2018 Low May 29 
*SUP 2: $1.1499 Bollinger band base 
*SUP 3: $1.1470 Low July 18 2017 
*SUP 4: $1.1434 100-WMA
*COMMENTARY: The failure around the 21-DMA and bear channel top has seen
pressure return to the 2018 low ($1.1506). Bears look for a close below $1.1506
to shift immediate focus to $1.1311 although 100 ($1.1434) & 200 ($1.1399) WMAs
may support along the way. Layers of resistance are accumulating and weighing.
Bulls now need a close above $1.1600 to gain breathing room and above $1.1723 to
target $1.1854-1.1901.

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