EUR/USD Technical Analysis– Prices are testing falling trend line resistance at 1.2848, with a break upward exposing the 1.30 figure and the 23.6% Fibonacci expansion at 1.3144. Near-term support is at 1.2750, the March 27 low, with a push beneath that eyeing the November 13 bottom at 1.2659.
Daily Chart - Created Using FXCM Marketscope 2.0
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