EUR/USD forecast for the week of April 21, 2014, Technical Analysis …
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The EUR/USD pair had a negative week over the last five sessions, but did find the 1.38 level as supportive. Because of this, it feels of the market is going to possibly drop from here, but not very much. With that, we feel that the market should continue to go higher over the longer term though, as it certainly has an uptrend feel to it. Nonetheless, is going to be very difficult to the average trader to hang onto a trade. We feel that this market is going to be difficult as it is so choppy.
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EUR/USD forecast for the week of April 21, 2014, Technical Analysis …
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