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Resistance Turned Support The.....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Resistance Turned Support
The prior range highs are now acting as support as the pullback in EURUSD has so
far failed to extend through the 1.15 level. This keeps the broader bullish
trend intact with topside focus on yesterday's high at 1.1570. Above here opens
the Oct 17 high & 61.8% retracement level at 1.1581/87, option-related supply is
placed behind at 1.1600. Bears need a move back below 1.15 to gain some
breathing room, targeting the 100-dma & 76.4% retracement at 1.1475/70.

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