EUR USD gets the positive momentum – Analysis - 22/04/2014
Economies.com
2014-04-22 05:28AM UTC
The EURUSD pair traded with a bearish bias yesterday to approach from 1.3780, and kept its stability above this level to keep the bullish trend valid and active until now, supported by the positive overlapping signal that Stochastic is preparing to provide on the four hours time frame.
Therefore, we are waiting for breaching 1.3850 to reinforce the chances of heading towards our first main target at 1.4000, pointing that breaching above this level will make the pair’s gains extend to reach 1.4185 areas.
Expected trading range for today is between: 1.3750 support and 1.3950 resistance.
Expected trend for today: Bullish
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