Midday update for EUR USD 24/07/2014
Economies.com
2014-07-24 10:38AM UTC
The EURUSD pair shows some bullish bias approaching from retesting 1.3500 level, as long as the price is stable below this level, the bearish trend expectations will remain valid for today, waiting for heading towards the main target at 1.3365.
Stochastic loses its bullish momentum gradually to support the chances of the downside rebound and resuming the bearish bias.
Expected trading range for today is between: 1.3365 support and 1.3540 resistance.
Expected trend for today: Bearish
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