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Morning Briefing Euro (1.2225): Euro continues to stay within the crucial 1.225-1.215 zone and a decisive break below 1.215 might be difficult in the near term. If the Euro rises past 1.226, our near term preference for bullishness would come out to be correct and it could again target levels near 1.24. The ECB meeting tomorrow could be a market mover for the Euro and needs to be watched closely.
Month Open High Low Close
Jan-18 1.1997 1.2538 1.1916 1.2412
Feb-18 1.2413 1.2556 1.2188 1.2192
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Vikram Murarka ["Vikram Murarka, Chief Currency Strategist at KSHITIJ.COM. Likes to look at the markets from many different angles. Weaves many conventional and unconventional technical analysis techniques and fundamental analysis into a global macro perspective. Likes to take the road less traveled."]
JUN 13, 2017 AT 10:48 AM

13Jun17, EURUSD 1.1195: First big break above 21-mth MA in last two mths, since 1.38.
~ Vikram Murarka