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Forex pairs in this Article » EUR/USD
FXStreet (Bali) - As long as EUR/USD can hold support in the 1.3540-50 area, the exchange rate can work higher, notes Marc Chandler, Global Head of Currency Strategy at BBH.

Key Quotes

"There are a few levels on the upside to bear in mind. First, $1.3640 area corresponds to a 61.8% retracement of the move down from the January 24 high near $1.3740 and to a 38.2% retracement of the move from last year's high set on December 27 just below $1.39. The trend line connecting both those highs comes in near $1.3655 on Monday and falls to $1.3625 at the end of the week. Above there the $1.3740 high beckons."
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