EUR USD continues to fluctuate 28/01/2014

Economies.com
2014-01-28 05:54AM UTC

The sideways range dominated the pair’s trading yesterday, while stochastic keeps moving in the oversold area, which encourages us to continue suggesting the intraday bullish trend, waiting to breach 1.3690 to open the way towards 1.3805

 

The EMA50 supports the expected rise, which remains valid conditioned by stability above 1.3620

 

Expected trading range for today is between: 1.3600 support and 1.3805 resistance.

 

Expected trend for today: Bullish

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