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FxWirePro: EUR/NZD neutral in the near term, scope for downward resumption

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EUR/USD sees downside risk, 21 DMA pivotal

Friday, February 20, 2015 8:29 AM UTC

Pair eased back below the 200 HMA intraday
1.1450 rejected prices yesterday
Further downside risk continues
Shorts in play target 1.1270
EUR/USD needs to see a sustained move under the 21 DMA at 1.1349
Stops are at 1.1500
Lower on a break of 1.1320

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EUR/USD sees downside risk, 21 DMA pivotal

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