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Tech traders highlight the low of.......>

MNI (London)
EURO-DOLLAR: Tech traders highlight the low of $1.0865(posted Wednesday and
retested in Asia earlier today), noting that the 76.4% retracement of the
recovery from the January 2017 low of $1.0341 to February high 2018 of $1.2555
comes in just below at $1.0864. A break of this level exposes the May 2017 low
of $1.0839. Recovery currently seen bringing pressure to bear on the broken
support level of $1.0879(Oct01 low), a break to allow for a move back toward
$1.0900. Nothing major for today's option roll off but Friday has E903mln of EUR
puts maturing between $1.0870-75. 
MNI London Bureau | +44 203-586-2231 |
MNI London Bureau | +44 203-586-2231 |

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