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Remains Supported Ahead Of........>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Remains Supported Ahead Of 21-DMA
*RES 4: $1.2095 Low Dec 31 2014 now resistance 2 
*RES 3: $1.1990 Daily Bull channel top 
*RES 2: $1.1909 2017 High Aug 2 
*RES 1: $1.1861 Hourly support Aug 3 now support
*PRICE: $1.1830 @ 0200GMT
*SUP 1: $1.1716 Hourly support Aug 14 
*SUP 2: $1.1787 Hourly support Aug 11 
*SUP 3: $1.1747 Low Aug 11 
*SUP 4: $1.1723 21-DMA
*COMMENTARY: Bulls take comfort in support emerging on dips back towards the
21-DMA and the bullish close Friday, and look for a close above $1.1861 to
confirm focus on $1.1909-90 where 2017 highs and the bull channel top are noted.
Support layers are starting to accumulate with bears needing a close below
$1.1747 to retain pressure on the 21-DMA. Bears need a close below $1.1690 to
add weight to their case for a move that initially targets $1.1549-1.1648.

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