EUR/USD has weakened after failing to holdabove the strong resistance at 1.3893. Hourlysupports can be found at 1.3825 (28/02/2014high) and 1.3787 (36.8% retracement).
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