EUR/USD Technical Analysis– Prices are testing resistance at 1.3171, the 14.6% Fibonacci retracement. A break higher targets the 1.3253-1.3266 area, marked by a falling trend line and the 23.6% level. Initial support is at 1.3017, the February 26 low.

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--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com

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