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(Z17) 98.475 Resistance.........>

US EURODOLLAR TECHS
US EURODOLLAR TECHS: (Z17) 98.475 Resistance Remains Key
*RES 4: 98.505 Highs Oct 19 & 20 
*RES 3: 98.498 55-DMA 
*RES 2: 98.475 Repeated daily highs Nov 
*RES 1: 98.471 21-DMA
*PRICE: 98.455 @ 1030GMT
*SUP 1: 98.445 Low Nov 21 & 22
*SUP 2: 98.425 Daily Bear channel base
*SUP 3: 98.400 Low Mar 20
*SUP 4: 98.380 Low Mar 16
*COMMENTARY: The 98.445 low from Apr 7 is currently supporting with bears
needing a close below to see the bear channel base pressured. Overall bears need
a close below 98.425 to target 98.335 with below 98.380 to add weight to their
case. The 98.471-475 resistance region where the bear channel top and 21-DMA are
located remains key. Bulls need a close above 98.475 to shift focus to key DMAs
98.498-98.525.

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