EUR USD attempts to gain some momentum 28/01/2013
Economies.com
2013-01-28 05:59AM UTC
The pair settled near the most sensitive resistance at 1.3458, to fluctuate now within sideways and narrow range as appears in the image.
Stochastic negativity might force the price to retest levels around 1.3400 before attempting to resume the bullish trend again, where we are continuing in preferring the bullish trend on the intraday and short term basis, being aware that achieving this positivity requires breaching above 1.3485 besides holding above 1.3400 on the intraday basis.
Expected trading range for today is between: 1.3340 support and 1.3550 resistance.
Expected trend for today: Bullish
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