EUR/USD Morning Technical Report 2/1/2014

ecPulse
2014-01-02 08:40AM UTC

 

The pair continues to fluctuate within the relatively tight sideways range, among 0.8960-0.8840 levels. A decisive break of this range should signal the next upcoming direction, while the overall bearish bias remains favored as long as below 0.8960 level, but as price is trading near the middle of the range we prefer to remain on the sidelines.

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