(Bloomberg) -- The euro may rise to a 15-month high of $1.5285 as the currency held above so-called support at $1.4831, said Citigroup Inc., citing trading patterns. Support at $1.4831 is the 55-day moving average, which the euro “remains above despite volatile price action over the past week,” Citigroup analysts led by Tom Fitzpatrick in New York wrote in a research note yesterday. Support is a level where buy orders may be clustered.
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