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EURUSD Weekly Analysis - February 22, 2014

Long Term Forex Analysis | by ForexCycle.com | Saturday, 22 February 2014 14:53 UTC
EURUSD broke above 1.3740 resistance. Further rise to test 1.3892 resistance would likely be seen next week, a break above this level will signal resumption of the uptrend from 1.2747 (Apr 4, 2013 low), then next target would be at 1.4500 area. Support is at 1.3640, only break below this level could trigger another fall to 1.3400 zone.

eurusd chart

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