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EUR/USD failed to clear the 100HMA at 1.1395

Wednesday, February 18, 2015 2:04 PM UTC

Source: Thomson Reuters

EUR/USD failed to clear the 100HMA at 1.1395, remains soft for 1.1270 return
Pair trapped between short-term averages, picture remains one of tight sideways action
Offers to 1.1450 Tues high, bids a 100-pips below, stops above 1.1460
Market remains short and this limiting bearish scope for now

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EUR/USD failed to clear the 100HMA at 1.1395

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