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1. EPIC RESEARCH REPORT
DAILY INTERNATIONAL FOREX
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24-FEB-2015

2. INTERNATIONAL CURRENCY BUZZ
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Forex-Dollar hits session highs vs. euro, Swiss franc drops.
Forex-EUR/USD extends losses despite upbeat German Ifo report.
Forex-AUD/USD pulls away from 2-week highs in cautious trade.
USD/JPY
USD/JPYtraded at 119.06, up 0.03% against the dollar.The Bank of Japan is to publish the minutes of its latest
policy meeting, which contain valuable insights into economic conditions from the bank’s perspective.The U.S.
dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies,
was quoted at 94.40.Last week, the euro pushed higher against the dollar and the yen on Friday after euro zone
finance ministers agreed on a deal to extend Greece’s bailout by four months.The euro zone approved the
extension of Greece’s €240 billion bailout, removing concerns that the country would face a liquidity crunch
when its current bailout agreement expired at the end of the month.
EUR/USD
EUR/USD was down 0.72% to 1.1301 from 1.1383 late Friday.In a report, the German research institute, Ifo said
its Business Climate Index rose to a seven-month high of 106.8 this month from a reading of 106.7 in January, but
still below forecasts for 107.7.Meanwhile, investors remained cautious as Athens was to present a list of reforms
on Monday to be approved by the country’s creditors in order to secure its four-month bailout extension, which
will give it more time to reach a lasting agreement with its creditors.On Friday, the euro zone approved the
extension of Greece’s €240 billion bailout, removing concerns that the country would face a liquidity crunch
when its current bailout agreement expired at the end of the month.

3. DAILY ECONOMIC DATA
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4. YOUR MINTVISORY Call us at +91-731-6642300
INTRADAY OUTLOOK
Support: 118.77
Resistance: 119.41
RECOMMENDATION:
1. Buy USD/JPY Above 119.43-TG: 119.63/119.93 SL 119.13
2. Sell USD/JPY Below 118.75-TG: 118.55/118.25 SL 119.05
EUR/USD Hourly Chart
EPIC'S ANALYST SPEAKS
USD/JPY Hourly Chart

5. EPIC'S ANALYST SPEAKS
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EUR/USD Hourly Chart
INTRADAY OUTLOOK
Immediate Support: 1.1292
Immediate Resistance: 1.1372
RECOMMENDATION:
1. Buy EUR/USD Above -1.1374 TG: 1.1394/1.1424 SL 1.1344
2. Sell EUR/USD Below -1.1290 TG:1.1270/1.1240 SL 1.1320

6. DISCLAIMER
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