EUR USD exits the sideways range 03/01/2014

Economies.com
2014-01-03 06:23AM UTC

The pair’s trading settled below 1.3690, which opens the way for more expected negative trading on the intraday basis, and the first target represented by breaking 1.3620 level to confirm heading towards 1.3505

 

The EMA50 supports the expected decline, which remains valid unless 1.3690 level was breached.

 

Expected trading range for today is between: 1.3505 support and 1.3750 resistance.

 

Expected trend for today: Bearish

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