Friday, March 28, 2014

EUR/USD Slips Below 1.38

Regardless of the weekly and monthly technical indicators that remain bullish, EUR/USD plunged beneath the support at 1.38. The Euro is currently testing the 55-day SMA at 1.3730, but this level is also reinforced by the 100-day SMA and monthly PP, which significantly increases the probability of a rebound. If,



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