Midday update for EUR USD 27/12/2013

Economies.com
2013-12-27 11:09AM UTC

The pair trades with clear bullish bias since morning approaching from the critical resistance level 1.3825, and as we mentioned this morning, we need a confirmation signal to confirm the next trend, by breaching above the mentioned resistance or breaking below 1.3690

 

Therefore, our neutral attitude will remain valid until now.

 

Expected trading range for today is between: 1.3620 support and 1.3825 resistance.

 

Expected trend for today: Neutral

 

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