Mar 14, 2013
Forex Flash: EUR/USD aims at 1.2913, 1.2885/76 and 200-day MA at 1.2867 - Commerzbank
Commerzbank analysts see the EUR/USD on course for 1.2913, 1.2885/76 (the 55 week ma, 7th December low and 78.6% retracement), which is in close proximity to the 200 day ma at 1.2867 “and we suspect that we will see this zone hold the initial test.
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