FX & CFD trading involves significant risk
Comments: Rate under pressure again after it tested stron support at $1.4400 (38.2% Fibo of $1.4105 - $1.4580 rise) yesterday. In Asia euro challenged resistance at $1.4470 (23.6%). Back above will extend the recovery to $1.4500 (recent highs), and then - $1.4580 (Jul'04 high). As to the downside, break below $1.4400 opens the way to support at $1.4340 (50%) and then - to $1.4230 (Jun'28 lows).
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