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Unable To Mount A Recovery........>

EURO-DOLLAR TECHS: Unable To Mount A Recovery
EURUSD continues to struggle to build any upside momentum with the pair failing
to overcome the 1.1250/55 level yesterday. A break above here is needed to
extend the uptrend toward the 38.2% retracement level at 1.1285. Bears continue
to focus on a downside break of 1.1200 & the Mar 7 low at 1.1177, before testing
channel base support off the Nov lows at 1.1160. 

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