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By HaleStewart March 12, 2014 4:37 pm
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Plenty of Upside Room on the 5-Year EUR/USD Chart

Above is a 5-year weekly chart of the EUR/USD.  Now that prices have moved through the 1.38 level with conviction, the question becomes what is the next price target?  As the above chart shows, a level right below 1.42 holds the next technical resistance level.

Hale Stewart is a former bond broker who has been writing about economics and financial markets since 2006 on the Bonddad Blog.  He is also a tax attorney with a domestic and international practice while also forming and managing captive insurance companies for US companies.   You can follow him on twitter at:@captivelawyer

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