EUR USD negotiates the resistance 27/01/2014

Economies.com
2014-01-27 05:51AM UTC

The pair made an attempt to breach 1.3690 level but it couldn’t settle above it until now, to continue fluctuating near this level, waiting for a confirmed breach to open the way towards extended gains that reach 1.3805 initially.

 

Stochastic offers positive signals that support the waited rise, which remains valid conditioned by holding above 1.3620.

 

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

 

Expected trend for today: Bullish

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