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Sell-Off Lacks Follow Through.....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Sell-Off Lacks Follow Through
*RES 4: $1.2536 2018 High Jan 25
*RES 3: $1.2522 High Feb 1
*RES 2: $1.2498 Hourly resistance Feb 2
*RES 1: $1.2433 High Feb 6
*PRICE: $1.2390 @ 0210GMT
*SUP 1: $1.2358 Hourly resistance Feb 6 now support 
*SUP 2: $1.2313 Low Feb 6 
*SUP 3: $1.2305 21-DMA 
*SUP 4: $1.2213 Low Jan 22
*COMMENTARY: Bears failed to capitalise on the dip below $1.2322 with the pair
finding support ahead of the 21-DMA. Bears now need a close below the 21-DMA to
confirm a shift in focus to $1.2092-1.2156. Daily studies correcting from O/B
remain the key concern for bulls. The $1.2433 resistance is key today. Bulls
need a close above this level to gain breathing room and to reconfirm focus on
tests of the weekly bear channel top ($1.2670).

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