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EUR/USD capped at 21-DMA, Draghi weighs

Monday, March 23, 2015 3:57 PM UTC

Source: Thomson Reuters

EUR/USD briefly pierced 21-DMA, Draghi speaks & EUR weighed
Pair eyes hourly 1.0875/85 support zone after falling below 1.0900
Short-Term rally viable, 1.1250/00 possible; below 10-DMA/1.0650 damages view
Long-Term outlook still bearish, so oversold conditions need unwinding first

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EUR/USD capped at 21-DMA, Draghi weighs

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