Chart of The Day $EURUSD 3-17-2017

On the EURUSD daily chart, we can see that the pair is testing again the falling triangle line the important 1.08000 level. The rejection from here will leave the pair in the 1.05000-1.08000 range. Only the clear daily close above this level could lead to a retest of 200 SMA 1.09000 level.

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