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EUR/USD eying test of 1.1000

Thursday, March 26, 2015 7:58 AM UTC

Pair seen easing above 1.1000 making short work of apparently heavy offers
Momentum suggests bullish trend, favoring further squeeze on shorts
Stops located above 1.1040 & 1.1060. Shorts into 1.1050-1.11 popular strategy
1.1098 = low post ECB announced QE plans in Jan
Traders expect a topside overshoot before downtrend resumes

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EUR/USD eying test of 1.1000

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