Midday update for EUR USD 21/10/2014

Economies.com
2014-10-21 10:28AM UTC

 

 

The EURUSD pair shows some downside moves to test 1.2785 level again, while the price still within the minor bullish channel that appears in the image, keeping our positive expectations valid for today, waiting for targeting 1.3010 levels initially, reminding you that holding above 1.2700 is conditioned for achieving the suggested targets.

 

Expected trading range for today is between: 1.2700 support and 1.2925 resistance.

 

Expected trend for today: Bullish

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