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EUR/USD inching closer to key 200-HMA at 1.0810

Friday, March 27, 2015 8:17 AM UTC

Pair nearing influential 200-HMA at 1.0810
US/German rate spreads slightly narrowing from yesterday's levels
Likely to take some heat off from pair's current down leg
Selling appears to be related to month-end flows or stop driven
EUR weighed by large EZ bond redemptions/EUR28bln

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EUR/USD inching closer to key 200-HMA at 1.0810

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