Midday update for EUR USD 28/01/2013

Economies.com
2013-01-28 11:00AM UTC

The pair shows some bearish bias in the morning affected by Stochastic negativity, but it remains stable above 1.3400, which encourages us to continue in our preferred bullish trend for today, supported by EMA50. 

 

Expected trading range for today is between: 1.3340 support and 1.3550 resistance.

 

Expected trend for today: Bullish

 

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