Midday update for EUR USD 18/12/2014
Economies.com
2014-12-18 11:14AM UTC
The EURUSD pair keeps its stability below the morning mentioned critical levels at 1.2420 and 1.2490, which keeps the bearish trend scenario valid for today, waiting for targeting 1.2200 then 1.2000 areas mainly, pointing that stochastic positivity might push the price for some temporary positive attempts before it returns to decline again.
Expected trading range for today is between: 1.2200 support and 1.2420 resistance.
Expected trend for today: Bearish
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