EUR USD begins with strong positivity 02/01/2013
Economies.com
2013-01-02 05:53AM UTC
The pair opens this year trading with strong positivity, where it rallies to the upside to reach 1.3300, and fluctuates near it now, this positivity reinforces our expectations of continuing the bullish trend on the short term basis.
The next main target is located at 1.3485, which might force the price to achieve some bouncing to the downside before attempting to resume the bullish trend again.
The chances of achieving the upside targets depend on the stability above 1.3145.
Expected trading range for today is between: 1.3200 support and 1.3485 resistance.
Expected trend for today: Bullish
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