EUR USD leans on the moving average 21/01/2013
Economies.com
2013-01-21 05:35AM UTC
The pair declined last Friday to lean again on the EMA50 which is forming a good support at 1.3280, while the pair is keeping the stability of the daily close above 1.3300, and this makes us continue in our suggested bullish trend in our recent reports.
The waited targets begin mainly at 1.3485, noting that breaking below 1.3250 will cause a turning in the intraday trend to the downside and the target will be visiting 1.3100.
Expected trading range for today is between: 1.3250 support and 1.3485 resistance.
Expected trend for today: Bullish
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