EUR USD returns to the channel 09/12/2013
Economies.com
2013-12-09 05:56AM UTC
The pair rallied higher last Friday to close the weekly candlestick above the bullish channel’s support that appears in the above chart, this close turns the price back to the main bullish track again, which makes us wait for more positive trading in the upcoming trading, targeting initially 1.4000
It is important to be ware that holding above 1.3675 and 1.3600 is important for the continuation of the suggested positive expectations.
Expected trading range for today is between: 1.3600 support and 1.3830 resistance.
Expected trend for today: Bullish
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