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The cross is firmer today and......>

EURO-SWISS TECHS
EURO-SWISS TECHS: The cross is firmer today and remains bid for now:
- It is worth noting that the cross has failed to tackle the 1.0500 handle
during the recent period of consolidation.
- The next important resistance to monitor is at the 1.0593 area. This is the
50-day EMA.
- This EMA has recently managed to contain short-term gains, during early March
and toward the end of last month.
- The broader trend remains down however, a strong break of the EMA would
suggest scope for an extension higher through 1.0600.

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