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Unable To Overcome 21-DMA.........>

EURO-DOLLAR TECHS: Unable To Overcome 21-DMA
EURUSD continues to trade just below the 1.12 level as recovery efforts have
failed to overcome the 21-dma at 1.1218. Bulls need to take out this level to
target broken trendline resistance at 1.1244. Above here would bring the May 1
high/55-dma into play at 1.1265. On the downside bears continue to target
Friday's low at 1.1135, ahead of the Apr 26 & May 30 2017 lows at 1.1112/10.

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