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Recovery in tact: *RES 4:.........>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Recovery in tact:
*RES 4: 1.1158/64 1.0% 10-dma envelope / High Aug 26
*RES 3: 1.1131 Trendline resistance drawn off the Jun 25 high
*RES 2: 1.1098 High Aug 28
*RES 1: 1.1085 Intraday high
*PRICE: 1.1048 @ 15:23 GMT Sep 5
*SUP 1: 1.0969 Low Sep 4
*SUP 2: 1.0926 Low Sep 3 and key support
*SUP 3: 1.0892/91 Bear channel base drawn off Jun 25 high/3.0% Lower Boll Band
*SUP 4: 1.0889 1.618% swing of 1.1027 - 1.1250
The pair extended its recent recovery off the week's lows Thursday, although
some modest profit taking in US hours took EUR/USD off its best levels.
Nonetheless, the pair looks more positive. A continued push higher would pave
the way for strength toward trendline resistance drawn off the Jun 25 high at
1.1139, also seen as a key hurdle for bulls. First support is at 1.0969.

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