EUR USD approaches the first target 04/06/2013

Economies.com
2013-06-04 05:38AM UTC

The pair rallied higher sharply hitting 1.3100, where it found good resistance there that forces the price to fluctuate in sideways range now, and we are waiting for gathering good positive momentum through this trading.

 

In general, we are continuing in preferring the bullish trend which targets 1.3145 then 1.3245, and the main condition is represented by holding above 1.2970 to achieve these targets.

 

Expected trading range for today is between: 1.2970 support and 1.3245 resistance.

 

Expected trend for today: Bullish

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