By ForexMansion.com

 

The EUR/USD had a bullish week, and has parked right at resistance. The 1.4250 area is the top of the recent range, and should be watched as we also have a long-term trend line sitting right on top of it. As such, this could be a decisive point in the pair, and could signal whether or not it can continue the march up. Watch the 1.4250 level and the trend line, and you will get your long-term signal.

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Originally posted here