EUR USD leans on the moving average 16/04/2013
Economies.com
2013-04-16 05:02AM UTC
The pair found good support at the EMA50, which pushed the price to bounce higher as shown in the image, keeping our positive expectations valid and active until now, supported by Stochastic.
The first main target is represented by breaching above 1.3145 to open the way towards more upside moves, being aware that breaking below 1.2990 will stop this scenario temporarily.
Expected trading range for today is between: 1.2990 support and 1.3245 resistance.
Expected trend for today: Bullish
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