EUR/USD is showing signs of weakness near itskey resistance area between 1.3832 (25/10/2013high, see also the long-term declining trendline)and 1.3893. Hourly supports can be found at1.3694 (28/02/2014 low) and 1.3643.
In the longer term, we favour a broadhorizontal range between 1.3296 (07/11/2014low) and 1.3893 (27/12/2013 high). However,monitor the potential ascending triangleformation. Another strong resistance lies at1.4247 (27/10/2011 high).
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MIG Bank