EUR USD fails to settle 21/11/2012

Economies.com
2012-11-21 05:49AM UTC

In spite of closing yesterday above 1.2800, the price failed to settle above it to begin today’s trading negatively and returns to the mentioned level again, that delays the waited bullish trend.

 

Accordingly, our neutrality remains valid and preferred, we must be aware that breaching 1.2725 might open the way for heading towards 1.2650-1.2630

 

Expected trading range for today is between: 1.2630 support and 1.2950 resistance.

 

Expected trend for today: Neutral

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