Price action on the EUR/USD (a daily chart of which is shown) has indeed stalled near a key 38.2% retracement level as of early Tuesday morning in New York. This level could possibly be the launching pad for a move back up in a continuing uptrend. If this is indeed the case, the 1.4300 level is a major resistance level to the upside. A fall back down in a larger downside correction, on the other hand, would be confirmed with a drop below the 1.3825 region, in which case price could target further support in the 1.3650 region.
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