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Weak German Mfg PMI EURUSD........>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Weak German Mfg PMI
EURUSD slipped sharply through 1.1250 on extended react to the weak German mfg
PMI release. Bears look for a break back under 1.1200 to bring the Mar 7 low &
channel base support into view at 1.1177/60. Bulls need to recover the 1.13
handle, before challenging double-top resistance at 1.1324. A break would
generate renewed upside momentum, opening a move towards the 50% retracement
level & 100-dma at 1.1347.

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