Midday update for EUR USD 08/01/2014
Economies.com
2014-01-08 12:49PM UTC
The pair declined to break 1.3620 and attempts to settle below it, opening the way towards more expected negative trading for today, targeting mainly testing the critical support level 1.3505
Note that breaching 1.3620 will stop the expected bearish bias and leads to attempts to visit 1.3690
Expected trading range for today is between: 1.3505 support and 1.3740 resistance.
Expected trend for today: bearish for the rest of the day
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