EUR USD still stuck 14/01/2014

Economies.com
2014-01-14 06:02AM UTC

The pair continues to move between the next intraday trend keys, represented by 1.3620 support and 1.3690 resistance, which makes us continue monitoring the price, waiting to breach one of these levels to detect the next targets clearly.

 

Stochastic provides positive signal that might assist the price for positive attempts to breach 1.3690 level then to head towards 1.3805 initially, but as we mentioned above, neutrality is required until we get a confirmed breach for one of the mentioned levels.

 

Expected trading range for today is between: 1.3560 support and 1.3805 resistance.

 

Expected trend for today: Depends on the above mentioned levels

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