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Free AccessEURUSD breaks out of the recent range with.....>
EURO: EURUSD breaks out of the recent range with added support via EUR crosses.
- EURUSD extends the uptrend to $1.1418 and brings cloud top resistance & the
61.8% retracement level into view at 1.1439/42. A break opens down trendline
resistance at 1.1455.
- EURJPY prints fresh ytd highs of Y126.46. The 100-dma is seen at Y126.84, a
break opens the double-top resistance area at Y127.00/10.
- EURAUD closed above its 100 & 200-dma's yesterday and extends the uptrend to
A$1.5990. A topside break of A$1.60 opens the Feb 21 high at A$1.6020.
- EURCAD trades back above the previously broken channel top to C$1.5036.
Near-term resistance at C$1.5047 from the Feb 26 high, a break opens a run at
the 100-dma at C$1.5102.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.