(Bloomberg) -- The euro is ``poised to test''
$1.3855, said George Davis, chief technical analyst in Toronto at
RBC Capital Markets, citing charts that predict price movements.
The level represents the upper boundary of the euro's
ascending channel, connecting the highs of June 5, 2006, Dec. 4,
and April 27, according to data compiled by Bloomberg. A break of
the upper boundary would suggest faster gains.
Read more at Bloomberg Currencies News
$1.3855, said George Davis, chief technical analyst in Toronto at
RBC Capital Markets, citing charts that predict price movements.
The level represents the upper boundary of the euro's
ascending channel, connecting the highs of June 5, 2006, Dec. 4,
and April 27, according to data compiled by Bloomberg. A break of
the upper boundary would suggest faster gains.
Read more at Bloomberg Currencies News
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