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Pressure Remains On Key...........>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Pressure Remains On Key Resistance
*RES 4: $1.2033 High Sept 20
*RES 3: $1.1961 High Nov 27
*RES 2: $1.1940 High Dec 1
*RES 1: $1.1913 Daily Bear channel top
*PRICE: $1.1907 @ 0210GMT
*SUP 1: $1.1879 Hourly support Dec 27 
*SUP 2: $1.1808 100-DMA 
*SUP 3: $1.1775 Low Dec 19 
*SUP 4: $1.1713 Low Nov 21
*COMMENTARY: The daily bear channel top confirmed significance and currently
caps with the $1.1913-61 resistance region remaining key. Bulls need a close
above $1.1961 to confirm focus on tests of 2017 highs. Bulls take comfort in
support emerging on dips with bears needing a close below the 100-DMA to confirm
pressure back on $1.1690. A close below $1.1690 remains needed to shift focus to
$1.1472-1.1552 where the 200-DMA ($1.1488) and Nov low are situated.

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