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Momentum falters above 1.16 For...>

EURO-DOLLAR TECHS: Momentum falters above 1.16
For two consecutive sessions, the pair failed to gather momentum on a break
above 1.16 and looks unlikely to register a close above the handle. A hold above
is required to see bulls regain the upper hand and look to break back into the
higher end of last month's trading range, which currently comes in at 1.1702.
Bears need a close back below 1.1500 in order to return focus to the downside.

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