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EURO-DOLLAR TECHS: Recovery Looks Corrective
Despite squeezing back through 1.12 on Friday EURUSD was unable to alter the
broader bearish trend, keeping the focus on the March 7 low & channel base at
1.1177/68. Below here brings the June 20 2017 low & trendline off Nov 2017 lows
back into view at 1.1119/12. Bulls need to recover 1.13 to improve the outlook,
which holds the 50% retracement level of 1.1420-1.1177.