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Topside Follow Through Lacking....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Topside Follow Through Lacking
*RES 4: $1.2254 High Dec 25 2014 
*RES 3: $1.2095 Low Dec 31 2014 now resistance 2 
*RES 2: $1.1909 2017 High Aug 2 
*RES 1: $1.1889 Bollinger band top
*PRICE: $1.1856 @ 2030GMT
*SUP 1: $1.1818 Hourly support Aug 2 
*SUP 2: $1.1784 Low Aug 1 
*SUP 3: $1.1763 Hourly resistance July 31 now support 
*SUP 4: $1.1723 Low July 31
*COMMENTARY: Despite fresh 2017 highs the lack of topside follow through is a
concern for bulls when combined with daily studies looking to correct from O/B
and the proximity of the Bollinger band top. In saying that, the $1.1763 support
remains key with bears needing a close below to ease bullish pressure and below
$1.1704 to confirm focus on $1.1611-48. Bulls look for a close above 2017 highs
to reconfirm the bullish bias.

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