EUR/USD technical analysis for today, 05/14/2014

EUR/USD technical analysis for today, 05/14/2014

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Yesterday’s slide reached a local low at 1.3686 and current rebound is capped below 1.3740 intraday resistance. A violation of the latter and especially of the crucial 1.3771 will signal, that the whole downtrend from 1.3993 is already over.
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By Harry Atkins
Harry joined us in 2019 to lead our Editorial Team. Drawing on more than a decade writing, editing and managing high-profile content for blue chip companies, Harry’s considerable experience in the finance sector encompasses work for high street and investment banks, insurance companies and trading platforms.

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