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Searching for a base: *RES 4:.....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Searching for a base:
*RES 4: 1.1102 Jul25 low
*RES 3: 1.1082 Intraday high
*RES 2: 1.1076 May18 2017 low
*RES 1: 1.1070 Lower Bollinger Band (2%)
*PRICE: 1.1064 @ 15:27 GMT Aug 01
*SUP 1: 1.1027 YTD low
*SUP 2: 1.1023 May 08 2017 high
*SUP 3: 1.1010 Lower Bollinger Band (3%)
*SUP 4: 1.0985 Down Trendline from Nov 07 2017
Markets found a bottom at 1.1027 Thursday, but it's too soon to call for a
bullish reversal as traders look for a base. For the outlook to firm, bulls need
a recovery back above the lower 2% Bollinger band and, ideally, a recovery above
1.1162. Markets can't factor out further downside, however, with bears eyeing
the 1.10 psychological support and 1.0839 below.

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