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(Z17) 98.510-525 Resistance.....>

US EURODOLLAR TECHS
US EURODOLLAR TECHS: (Z17) 98.510-525 Resistance Key
*RES 4: 98.525 - Repeated daily highs Sept 
*RES 3: 98.516 - 200-DMA 
*RES 2: 98.510 - High Oct 13 
*RES 1: 98.505 - High Oct 19
*PRICE: 98.495 @ 0930GMT
*SUP 1: 98.480 - Low Oct 18
*SUP 2: 98.470 - Low Apr 24
*SUP 3: 98.445 - Low Apr 10
*SUP 4: 98.425 - Low Mar 31
*COMMENTARY: Sell-offs this week have continued to lack follow through with
support emerging 98.480-490 and providing the impetus for a bounce back to the
21-DMA. Bulls need a close above 98.510 to confirm a break of the 21-DMA and
above 98.525 to confirm a break of the 200-DMA and shift focus to 98.540-547
where 55 & 100-DMAs are situated. While 98.525 caps bears focus on the break of
98.470 needed to target 98.425-445.

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