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Poor data has bears on front......>

EURO-DOLLAR TECHS: Poor data has bears on front foot:
*RES 3: 1.1428/48 Bull channel top and High Mar 20
*RES 2: 1.1412 High Jun 25
*RES 1: 1.1364/76 100-hma/Intraday high
*PRICE: 1.1314 @ 16:32 BST July 1
*SUP 1: 1.1318/17 Down trendline from Jan 10/Intraday low
*SUP 2: 1.1283 Low Jun 21
*SUP 3: 1.1278/61 Cloud top/100-dma
Weak EZ PMI numbers sent the pair through downtrendline support at 1.1318 to
target psychological support at the 1.13 handle ahead of the close. Despite
this, the underlying uptrend remains in place with the 1.1400 level proving hard
to overcome for bulls. The pullback is being viewed as a correction and some
additional consolidation is also possible near-term. First support is at 1.1283
from the Jun 21 low, ahead of the cloud top & 100-dma. On the topside, clearance
of 1.1412 would confirm a resumption of the uptrend and open 1.1448 and 1.1489.

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