EUR USD at the main target threshold 28/03/2013

Economies.com
2013-03-28 05:40AM UTC

The pair approaches from our main target 1.2725, and provides some bullish bias affected by Stochastic positivity.

 

Now we need to stay aside temporarily, and the target is monitoring the price behavior according to the critical levels which are represented by the mentioned support where breaking it to the downside will cause a key for suffering more losses on the short term basis, and the resistance level 1.2840, while breaching above this resistance will provide a motive to retest 1.2990

 

Expected trading range for today is between: 1.2660 support and 1.2895 resistance.

 

Expected trend for today: Neutral

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