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Pullbacks Considered Corrective...>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Pullbacks Considered Corrective
*RES 4: 1.1495 High Mar 9 and primary resistance
*RES 3: 1.1460 High Jun 16
*RES 2: 1.1422 High Jun 10 and the bull trigger
*RES 1: 1.1371/1404 High Jul 9 / High Jun 11
*PRICE: 1.1272 @ 05:43 BST Jul 10
*SUP 1: 1.1259 Low Jul 7
*SUP 2: 1.1219 Low Jul 3
*SUP 3: 1.1168 Low Jun 19 and the bear trigger
*SUP 4: 1.1163 High Mar 30
EURUSD has traded lower overnight in Asia extending the pullback off yesterday's
high of 1.1371. Losses for now are considered corrective and the recent bullish
outlook remains intact. This follows recent gains and yesterday's breach of
resistance at 1.1349, Jun 23 high. The break reinforces bullish conditions and
highlights potential for a climb towards 1.1422, Apr 10 high. On the downside,
initial support is seen at 1.1259, Jul 7 low.

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