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- RES 4: 1.2285 High Jan 8
- RES 3: 1.2243 High Feb 25 and a key resistance
- RES 2: 1.2209 1.0% 10-dma envelope
- RES 1: 1.2182/84 High May 11 / High Feb 26
- PRICE: 1.2140 @ 16:51 BST May 14
- SUP 1: 1.2052 Low May 13
- SUP 2: 1.2055 20-day EMA
- SUP 3: 1.1986 Low May 5 and key short-term support
- SUP 4: 1.1943 Low Apr 19
EURUSD remains heavy after the considerably higher-than-expected US CPI mid-week, which opened a gap with the Tuesday 1.2182 high. Prices have failed to recoup the losses ahead of the Friday close, which works against the bullish outlook. MA conditions continue to support a bullish theme, but markets need to take the 1.2184, Feb 26 high to cement.