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EURO-DOLLAR TECHS: YTD Lows Next Up
Recovery efforts have so far remained shallow through Europe with next focus on
the Jan 24 low at 1.1290. A break brings the 2018 low at 1.1216 back into view
and triggers a potential bear flag, strengthening the downtrend. Bulls need to
recover the 100-dma at 1.1420 to stabilise the short-term outlook. A break of
1.15 would open trendline resistance & the Jan 31 high at 1.1504/14.