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Triangle Bottom Back In Focus.....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Triangle Bottom Back In Focus
EURUSD is heading back to the bottom end of the consolidation range following
yesterday's failed breakout and bearish reversal. Triangle support is placed at
1.1602. A break below here would trigger the next bearish signal opening the way
for the resumption of the major down trend. Intervening support is placed at
1.1620. Initial resistance is now placed at 1.1700 ahead of the 1.1744 level.
Overcoming 1.1744 has now become key to provide renewed stability.

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