EUR USD confirms more bullish actions 07/06/2013
Economies.com
2013-06-07 05:47AM UTC
The pair kept the stability above 1.3200 level which was breached yesterday, where this level represents the neckline of double bottom pattern that appears in the image, this pattern has bullish targets reach towards 1.3650, which supports the continuation of our positive expectations, which its near target located at 1.3485.
Stochastic might force the price to retest the mentioned neckline before continuing the bullish trend, which remains valid conditioned by the stability above 1.3200 – 1.3145
Expected trading range for today is between: 1.3145 support and 1.3485 resistance.
Expected trend for today: Bullish
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