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16.04.201406:56:00UTC+00Daily Technical Outlook for Eur/usd

Quotes from Societe Generale Cross Asset Research:

-EUR/USD failed to sustain above the multiyear trend line. The uptrend from 2012 lows looks corrective in nature & any further up move will be complex & will face immediate resistance at 1.40/1.4040.A break below 1.3664/42 will give early signal of a correction. For the day, only a break below 1.3791 will trigger further correction.

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