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EUR/USD 55 DMA close, cloud top above

Wednesday, May 27, 2015 6:44 AM UTC

Regains the 21 HMA and tests close to the 55 DMA at 1.0931
Daily cloud top is at 1.0954, while below will continue to sell strength
Close under 55 DMA/61.8% Fibonacci (1.0882) yesterday which are bearish signs
Initial downside target is the cloud base at 1.0738

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EUR/USD 55 DMA close, cloud top above

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