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Risk-on, For Now The broader......>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Risk-on, For Now
The broader risk-on tone has seen EURUSD extend its recovery above 1.1250. Bulls
need to clear 1.13 to improve the outlook, which holds the 50% retracement level
of 1.1420-1.1177. Above here brings the 200-wma & Mar 6 high back into view at
1.1321/25. Bears downside focus remains on the March 7 low & channel base
support at 1.1177/68, a break opens the June 20 2017 low & trendline support off
Nov 2017 lows at 1.1119/12.

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