EUR USD attempts positively 31/12/2013
Economies.com
2013-12-31 06:01AM UTC
The pair ended yesterday’s trading showing bullish bias settling around 1.3800, while stochastic shows overbought signals that might force the price to bounce lower and show some negative trading.
In general, we are still waiting for the next trend confirmation signal, as the price needs to breach one of the key levels represented by 1.3690 support and 1.3845 resistance, reminding you that breaking the mentioned support will open the way to target 1.3505 area mainly, while breaching above the resistance will provide bullish targets that start at 1.4000
Expected trading range for today is between: 1.3690 support and 1.3900 resistance.
Expected trend for today: Neutral
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