Midday update for EUR USD 12/04/2013

Economies.com
2013-04-12 10:05AM UTC

The pair bounced to the downside trading now near the critical levels mentioned in the morning between 1.3040 and 1.2990, while stochastic attempts to gain some momentum.

 

In general, our morning expectations remains valid and active unless 1.2990 was broken with daily close below it.

 

Expected trading range for today is between: 1.2990 support and 1.3300 resistance.

 

Expected trend for today: Bullish

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