Midday update for EUR USD 11/02/2013
Economies.com
2013-02-11 10:58AM UTC
The pair shows tight trading since morning with some slight bullish bias to approach now from 1.3400, while the expected bearish trend remains valid for today and the target is visiting the bullish channel support at 1.3270.
Stochastic current positivity interprets the reasons of the current bullish bias.
Expected trading range for today is between: 1.3250 support and 1.3470 resistance.
Expected trend for today: Bearish
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