EUR USD declines calmly – Analysis - 02/09/2014
Economies.com
2014-09-02 05:11AM UTC
The EURUSD pair begins today’s trading showing very slight bearish bias in attempt to resume the bearish wave that targets 1.3010 areas mainly, and stochastic offers negative overlapping signal that supports the continuation of the bearish bias.
The EMA50 continues to support the suggested bearish wave, which remains valid and active unless breaching 1.3240 and holding above it.
Expected trading range for today is between: 1.3010 support and 1.3200 resistance.
Expected trend for today: Bearish
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