EUR USD remains consolidated 05/03/2013

Economies.com
2013-03-05 05:31AM UTC

The pair kept the stability above the critical support levels that mentioned yesterday which appears in the above image , to keep the chances for achieving the preferred bullish bias in our recent reports valid, where we are waiting for testing initially 1.3145, and the upside track might extend to visit 1.3215

 

Stochastic reaches the overbought levels to signal that there is some potential difficulty in achieving the waited rising.

 

Expected trading range for today is between: 1.2900 support and 1.3200 resistance.

 

Expected trend for today: Bullish

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