Daily Technical Report

EUR/USD has broken hourly resistance at1.3833 and is ready to challenge the resistanceat 1.3851 (16/04/2014 high). The short-termtechnical configuration remains positive as longas the support at 1.3830 (old resistance holds).

In the longer term, EUR/USD is still in adominate uptrend, suggesting additional upsidecan be anticipated. A significant resistance nowlies at 1.3876 (24/03/2014 high).

Read the full report: Technical Research

 

MIG Bank