EUR USD gets a negative signal – Analysis - 25/07/2014
Economies.com
2014-07-24 23:53PM UTC
The EURUSD pair remains fluctuating in tight track settled below 1.3500, while stochastic provides negative overlapping signal now that supports the continuation of the intraday bearish trend expectations, targeting testing 1.3365 level mainly.
The EMA50 supports the suggested decline, pointing that breaching 1.3500 level will push the EURUSD price to visit levels that begin at 1.3585 and extend to 1.3680.
Expected trading range for today is between: 1.3365 support and 1.3540 resistance.
Expected trend for today: Bearish
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