Article by Investazor.com
The EURUSD broke yesterday the local support and tested the middle line of an up channel. Rejected from there, the price rallied to 1.3945 where it found a resistance. During the past trading hours, can be seen that it moved sideways between the resistance specified earlier and a local support at 1.3917. A break bellow the support could mean another test on 1.3900. A false breakout down or a direct rejection might signal another rally that could target the 1.3965 high.
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