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1. EPIC RESEARCH REPORT
DAILY INTERNATIONAL FOREX
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05-MAR-2015

2. INTERNATIONAL CURRENCY BUZZ
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Forex-Dollar steady against euro, yen before U.S. data, ECB.
Forex-Aussie gains after Q4 GDP meets expectations, consumer spend up.
Forex-Pound slips to 2-week lows after services PMI slows.
GBP/USD
GBP/USDeased 0.12% to 1.5342 from around 1.5358 ahead of the data,the services purchasing managers’ index
ticked down to 56.7 from 57.2 in January. Economists had expected the index to rise to 57.5.On the index, a level
above 50.0 indicates expansion in the industry, below 50.0 indicates contraction.“Although the rate of expansion
slowed in the vast services economy, growth has picked up in both manufacturing and construction," Chris
Williamson, chief economist at survey compilers Markit said."The three PMI surveys collectively indicated a slight
acceleration in economic growth for a second successive month in February as a result, consistent with GDP
growth picking up to 0.6% in the first quarter."
EUR/USD
EUR/USD was at five-week lows of 1.1163,The U.S. dollar index, which measures the greenback’s strength against
a trade-weighted basket of six major currencies, was steady at 95.50, not far from 11-year peaks.The dollar has
strengthened so far this year as upbeat economic data indicated that the economic recovery was on track,
supporting expectations for higher interest rates.The U.S. was to release survey data on service sector activity and a
report on private sector jobs growth later Wednesday, ahead of Friday’s nonfarm payrolls report.The euro
remained under pressure as investors turned their attention to the upcoming ECB meeting on Thursday, when it
was expected to announce details of its quantitative easing program, which is due to start this month.

3. DAILY ECONOMIC DATA
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4. YOUR MINTVISORY Call us at +91-731-6642300
INTRADAY OUTLOOK
Support: 1.5294
Resistance: 1.5364
RECOMMENDATION:
1. Buy GBP/USD Above 1.5366-TG: 1.5386/1.5416 SL 1.5336
2. Sell GBP/USD Below 1.5292-TG: 1.5272/1.5242 SL 1.5322
EUR/USD Hourly Chart
EPIC'S ANALYST SPEAKS
GBP/USD Hourly Chart

5. EPIC'S ANALYST SPEAKS
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EUR/USD Hourly Chart
INTRADAY OUTLOOK
Support: 1.1096
Resistance: 1.1165
RECOMMENDATION:
1. Buy EUR/USD Above 1.1167-TG: 1.1187/1.1217 SL 1.1137
2. Sell EUR/USD Below 1.1094-TG: 1.1064/1.1034 SL 1.1124

6. DISCLAIMER
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