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YTD Lows in View The broadly......>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: YTD Lows in View
The broadly firmer dollar pressured to 1.1124 and keeps focus on the downside.
This brings the May 23 ytd low back into view at 1.1107, ahead of a run at the
1.11 level. Below here would likely accelerate the move towards the May 18 2017
low at 1.1076, ahead of trendline support off the Nov 7 2017 low at 1.1045.
Bulls need to recover 1.12, before challenging down trendline resistance off the
Jan high & 55-dma at 1.1221/28. Further resistance is located at 1.1263/65 which
marks the May 13 & May 1 highs.

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