EUR USD awaits the reversal 28/11/2012
Economies.com
2012-11-28 05:29AM UTC
The pair continued with slight bearish bias but still keeps stability above 1.2900, and we notice that stochastic enters the oversold levels, which support the chances to turn to the upside to resume the expected general bullish trend for the pair.
EMA50 also supports the chances of the waited bullishness which targets mainly 1.3145, while achieving it requires stability above 1.2865
Expected trading range for today is between: 1.2865 support and 1.3145 resistance.
Expected trend for this week: Bullish
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