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Forex: EUR/USD sidelined around 1.2875/80

FXstreet.com (Barcelona) - The bloc currency is flat-lined around 1.2870/75 on Tuesday, ahead of the French Consumer Confidence for the month of March. Prior surveys expect the headline to come in a tad lower to 85 vs. 86 previous.

The euro remains stable in the vicinity of the 200-day moving average, dragged lower after the unfortunate comments by Eurogroup Head, J.Djisselbloem, on Monday hinting at the chance that Cyprus could be a template for next similar cases.

At the moment, the cross is up 0.23% at 1.2879 facing the next hurdle at 1.2950 (MA200h) ahead of 1.3107 (high Mar.15) and then 1.3135 (high Mar.8).
On the downside, a breach of 1.2829 (low Mar.22) would expose 1.2730 (low Nov.19) and finally 1.2700 (161.8% of Feb.1-2011).

Session Recap: BoJ's Kuroda mantra losing its shine; Majors mostly unchanged

Quite a slow market session in Asia-Pacific across the board, with some reaction as of late the closer the London open it gets. EUR/USD, AUD/USD and GBP/USD they all trade near session highs following thin trading ranges, after big moves took place yesterday specially in Euro and USD during London and New York sessions.
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Forex: GBP/USD orbiting around 1.5200

The sterling is inching higher on Tuesday after yesterdays sell off, hovering over the key resistance of 1.5200 in an attempt to follow through that level...
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