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Sep 10 Lows In Focus Last.........>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Sep 10 Lows In Focus
Last week's declines put bears on the front food this week as the Sep 10 low at
1.1526 comes into focus. Below here opens the ytd low at 1.1301 and extends the
broader bearish trend. Bulls initially need to reclaim the 100-dma level at
1.1650 to change the short-term outlook, before targeting the 1.1800 level.
Above here opens the June 14 high at $1.1851, ahead of the 50% retracement (Feb
high - Aug low) & 200-dma at 1.1928/42.

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