After falling in eight out of nine days since February 12th, Euro finally closed higher yesterday. A tug of war around 1.10, between 50 and 100 DMA on the downside and 200 DMA on the upside, is currently resolving to the bulls' liking.

However, the move is happening on low Asian session volume. We'll have to wait until European/London session to see whether it will be confirmed.

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