EUR USD continues to test the resistance 12/12/2013

Economies.com
2013-12-12 05:55AM UTC

The pair made a new test to 1.3800 without managing to settle above it, and begins today with bullish bias approaching from this level, which reinforces the continuation of our bullish trend expectations that mainly depend on the trading inside the bullish channel that appears in the image, reminding you that our main targets begin at 1.4000.

 

Holding above 1.3710 – 1.3680 is important for the continuation of the positive expectations.

 

Expected trading range for today is between: 1.3710 support and 1.4000 resistance.

 

Expected trend for today: Bullish

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