EUR USD begins quietly 07/02/2013
Economies.com
2013-02-07 05:28AM UTC
The pair’s trading settled above 1.3500 yesterday, and it starts this day with a quiet fluctuation at the mentioned level, and as long as the price remains above 1.3485, we are continuing in our bullish trend on the short term basis.
EMA50 supports the positive expectations, where Stochastic is reaching the threshold of the oversold levels to reinforce these expectations, which are mainly targeting 1.3825.
Expected trading range for today is between: 1.3450 support and 1.3750 resistance.
Expected trend for today: Bullish
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