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EUR/USD sees pullback risk as hourlies are overbought

Wednesday, April 1, 2015 6:50 AM UTC

Pair's recovery halts ahead 1.08, hourlies seen in OB territory
Seeks a pullback towards the 1.0713 lows fromTuesday
Ample resistance seen around 1.0844-46 including 100 HMA, 10 DMA and yesterday high
Stops above locking in profit on 1.0930 short. 1.0650 eyed
Close under tenkan, negatuve cross from 100HMA/200 HMA suggests bearish setup

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EUR/USD sees pullback risk as hourlies are overbought

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