Daily Technical Report

EUR/USD has broken its short-term risingtrendline, suggesting the end of the recentrebound. However, the hourly support at 1.3390(13/11/2013 low) has held thus far and the hourlyresistance at 1.3488 (19/11/2013 low) ischallenged. Another resistance is at 1.3510(61.8% retracement of the recent decline from1.3579).

Read the full report: Technical Research

 

MIG Bank