EUR USD opens the way to rise 24/01/2014

Economies.com
2014-01-24 05:51AM UTC

The pair kept its positive stability above 1.3620 level and testing the key resistance now at 1.3690, as it needs a clear breach for this level to confirm the extension of the bullish wave towards 1.3805

 

In general, the bullish bias will be expected for today affected by the completion of the falling wedge pattern that appears on the image, conditioned by holding above 1.3620, as breaking below this level will put the price under the negative pressure again.

 

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

 

Expected trend for today: Bullish

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