EUR USD continues to fluctuate 17/01/2014

Economies.com
2014-01-17 05:45AM UTC

The pair shows more trading around 1.3620, and the overall weak trading appears on the price, which keeps the sideways range dominating the intraday actions, between 1.3560 support and 1.3690 resistance, waiting to succeed to breach one of these levels to detect the next track clearly.

 

We remind you that breaking the mentioned support will push the price to test the key support at 1.3505, while breaching above the resistance will open the way for recovery trip that its targets begin at 1.3805 followed by 1.4000

 

Expected trading range for today is between: 1.3505 support and 1.3805 resistance.

 

Expected trend for today: Sideways

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