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EUR/USD Technical Levels for USA Trading Sessions 29/02/2016

The EUR/USD pair is now losing 0.41% at 1.0891 and a break below 1.0867 (76.4% Fibo of December up-move) would target 1.0777 (low Jan.21) en route to 1.0709 (2016 low Jan.5). On the other hand, the next hurdle aligns at 1.0971 (55-day sma) ahead of 1.1048 (200-day sma) and then 1.1123 (38.2% Fibo of December up-move).

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