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EUR/USD extends rally before stalling at 100 dma
EUR/USD has been as high as 1.3264, presently little lower at 1.3248. As we mentioned earlier 1.3265 is the 100 dma. I’d hazard a guess further buy stops not far North of said level, but haven’t got any confirmation as yet as to exactly where. ECB rate decision looms at 12:45 GMT followed by Draghi press conference at 13:30 GMT. A rate change would be a major surprise i.e it ain’t gonna happen
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