Midday update for EUR USD 30/10/2014

Economies.com
2014-10-30 10:32AM UTC

 

 

The EURUSD pair trades with bearish bias since morning and settles below 1.2600 level, to support the continuation of our bearish trend expectations for today, supported by the negative signal of stochastic, reminding you that our waited main target at 1.2490, and holding below 1.2785 is conditioned for the continuation of the expected bearish trend.

 

Expected trading range for today is between: 1.2490 support and 1.2700 resistance.

 

Expected trend for today: Bearish

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