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Uptrend Support Back in Play......>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Uptrend Support Back in Play
EURUSD breached trendline support to 1.1336 yesterday, but failed to close
below. A downside break would trigger a potential bear flag, opening a run at
the ytd low at 1.1309 & Nov lows at 1.1216. Bulls need to regain 1.14 to improve
the outlook, targeting a break of the 100-dma and 1.15 level. Above here would
put the focus back on the Jan 10 high at 1.1570.

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