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The pair has suffered sharp.......>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: The pair has suffered sharp losses and is under pressure. 
- The sell-off follows an inability to convincingly clear yesterday's 1.0987
high and potentially brings to an end the recovery phase between Apr 6 - 15. 
- A weak close today near session lows would further reinforce a bearish theme
and set the scene for a continued setback towards key support at 1.0769, Mar 6
low. 
- The pair needs to trade above 1.0991, to offset the developing bearish threat.
- Heavy!

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