EUR USD still stuck 22/01/2014

Economies.com
2014-01-22 05:55AM UTC

The pair remains stuck between 1.3560 resistance and 1.3505 support levels, while it made an attempt to breach this resistance with the opening of today’s trading, but it turns back to settle below it.

 

Therefore, our neutral attitude remains valid until now, waiting to surpass one of these levels to detect the next target clearly, noting that breaking below the mentioned support will push the price towards 1.3415 followed by 1.3315, while breaching the resistance will lead to visit 1.3690 area followed by 1.3805

 

Expected trading range for today is between: 1.3470 support and 1.3690 resistance.

 

Expected trend for today: Depends on the above mentioned levels

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