EUR USD achieves the key breach 17/12/2012

Economies.com
2012-12-17 05:55AM UTC

The pair succeeded in breaching the most important resistance at 1.3145, which is considered as a strong key for continuing the bullish trend on the short and medium term basis.

 

Now, we prefer witnessing more positivity and the next target begins at 1.3485, supported by EMA50, with being aware that settling below 1.3145 might force the price for a heading towards levels around 1.2975

 

Expected trading range for today is between: 1.2975 support and 1.3485 resistance.

 

Expected trend for today: Bullish

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