EUR USD achieves a positive closing – Analysis -21/10/2014
Economies.com
2014-10-21 05:17AM UTC
The EURUSD pair managed to close the daily candle stick above 1.2785 level, to get a positive motive that supports the continuation of the bullish trend scenario on the intraday basis, waiting for testing 1.3010 areas initially.
The minor bullish channel keeps carrying the current bullish wave, which remains valid unless breaking 1.2700 level and holding below it, where this break will push the EURUSD price towards 1.2490 areas mainly.
Expected trading range for today is between: 1.2700 support and 1.2925 resistance.
Expected trend for today: Bullish
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