EUR/USD is challenging the strong resistancearea between 1.3832 (25/10/2013 high) and1.3893. An initial support lies at 1.3825(28/02/2014 high), while an hourly support canbe found at 1.3708 (05/03/2014 low).
In the medium-term, the potential ascendingtriangle formation hints at further upsidepotential towards 1.4368. A key resistance lies at1.4247 (27/10/2011 high). A break of the supportat 1.3643 is needed to invalidate the currentmedium-term bullish bias.
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MIG Bank