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EUR/USD moves towards 2015 low

  • Pair is gently offered for the last few hours on broad based USD demand

  • 5, 10 & 20 dma's fall - 20 day Bollinger's expand - trending setup

  • Initial target is 1.1098 2015 low - NY 1.1154 low first support

  • Initial resistance at NY 1.1218 high then this week's 1.1245 high

 

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