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EUR/USD reaction limited to Chicago PMI miss

Tuesday, March 31, 2015 2:24 PM UTC

Source: Thomson Reuters

Chicago PMI misses forecast, no help to EUR/USD rally faders
EUR/USD sees limited reaction, falls post-release, erases earlier spike
Market ignores slightly tighter spreads, rally faders disappointed again
Price action suggests bears lurking, macro sellers going short noted overnight
1.06-1.10 range may see surprise downside break ahead of US NFP

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EUR/USD reaction limited to Chicago PMI miss

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