Euro / US Dollar 03-17
Favor a test of 13850, which is former support as well as the 38.2% of the decline from 14583. A daily close above the parallel channel line would expose 14030, which is the next level of former support and the 50% retracement. Short term support is at 13720 and only a decline below 13640 would suggest that the downtrend is back underway.
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