EUR USD retests 24/12/2012
Economies.com
2012-12-24 05:36AM UTC
The pair closed the last week trading negatively, and trades now near the retesting level 1.3145, while EMA50 is forming a good support now accompanied with the clear positivity of Stochastic.
Therefore, we are continuing in our expectations of the general bullish trend as long as the trading remained stable above 1.3145, and organized inside the bullish channel shown in the image.
Expected trading range for today is between: 1.3100 support and 1.3350 resistance.
Expected trend for today: Bullish
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