EUR USD attempts to resume the positivity 20/02/2013
Economies.com
2013-02-20 05:51AM UTC
The pair leans on 1.3330 and didn’t finish its way towards 1.3285, to curve higher breaching above the minor bearish channel resistance that appears in the image, which represents a potential continuation bullish flag that might assist in turn the price back to the main bullish trend.
We need to be certain that the price is satisfies by its achieved decline until now, where Stochastic shows negative signals might pull the price to the downside, therefore, we prefer staying neutral temporarily to monitor today’s close according to the support level 1.3405 and 1.3485 resistance.
Expected trading range for today is between: 1.3285 support and 1.3520 resistance.
Expected trend for today: Neutral
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