EUR USD provides positive closing 30/01/2013

Economies.com
2013-01-30 05:09AM UTC

The pair succeeded to accomplish a daily close above 1.3485, to provide us a solid positive signal supports the preferred positive scenario on the short term basis, which is supported by EMA50.


The waited targets now are located at 1.3550 and go further towards 1.3825, taking into consideration that breaking below 1.3485 followed by 1.3400 will weaken the chances of achieving these targets. 


Expected trading range for today is between: 1.3400 support and 1.3640 resistance.


Expected trend for today: Bullish

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