EUR/USD has moved above the strongresistance at 1.3893. The technical configurationis positive as long as the support at 1.3834(11/03/2014 low) holds. An initial support lies at1.3896 (intraday low). A psychological resistancecan be found at 1.4000.
In the medium-term, the ascending triangleformation calls for a further upside potentialtowards 1.4368. A key resistance lies at 1.4247(27/10/2011 high), whereas a key support is at1.3643 (27/02/2014 low).
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