EUR/USD Forex Technical Analysis 25th of April 2014


The EUR/USD shared currency pair is now struggling in the middle of the EU trading session to mark a new trading spike.

Surprisingly the European Central Bank struck a set of warning alarms to be cautions with the currency pair and by this it will definitely lead to a new set of fresh high points at the end of the trading session.


For the time being the EUR/USD fiber currency pair is going upwards close to the 1.3847 level just to mark a new resistance level looking towards trading in the close vicinity of the 1.3840 level going up by a positive value of +0.07%.


Many analysts believe that the 1.3860 level will increase its efficiency close to the 1.3900 trading area.

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High = 1.3850chart389


Low = 1.3828



S3 = 1.3743 S2 = 1. 3778 S1 =


R1 = 1.3864 R2 = 1.3897 R3 = 1.3936


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