EUR USD awaits the confirmation 02/07/2013
Economies.com
2013-07-02 05:08AM UTC
The pair ended yesterday’s trading at 1.3060, but without confirming breaching it, which keeps the trading stuck between the mentioned level and 1.2975, which requires waiting to surpass one of these levels to confirm the next trend.
We remind you that breaching 1.3060 will lead to attempt ending the current bearish correction, while breaking below 1.2975 will push the pair to suffer more losses that reach initially 1.2835 level.
Expected trading range for today is between: 1.2900 support and 1.3175 resistance.
Expected trend for today: Depends on the above mentioned levels
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