EUR USD is stable – Analysis - 30/01/2014

Economies.com
2014-01-30 06:08AM UTC

The pair kept its stability above 1.3620 after the rate decision coming out from the federal reserve last night, which keeps the overall bullish overview valid, supported by the EMA50, waiting to breach 1.3690 level to confirm opening the way towards 1.3805.

 

We remind you that breaking below 1.3620 will push the price to test 1.3560 and might extend to the most important level at 1.3505.

 

Expected trading range for today is between: 1.3600 support and 1.3805 resistance.

 

Expected trend for today: Bullish

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