Forex: EUR/USD Technical Analysis – Testing Above 1.38 Figure
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- Prices broke resistance at 1.3743 (50% Fib), exposing 1.3806 (61.8% Fib)
- A further push above that targets 1.3886 (76.4% Fib)
- Back below 1.3743 targets 1.3710 (Feb 1 high), 1.3679 (38.2% Fib)
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Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for DailyFX.com
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