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Trading The Range Down............>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Trading The Range
Down trendline resistance off the April high & the 100-dma capped topside gains
with the reversal extending to 1.1400. Bears need to clear broken downtrend
resistance-turned support at 1.1387, before focusing on the Nov 28 low at
1.1267. Bulls need a move above the 1.1485 area before challenging the Nov 7
high at 1.1500, ahead of the 50% retracement of 1.1815-1.1216 & cloud top at
1.1516.

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