EUR USD hits a minor resistance ceiling 21/01/2014
Economies.com
2014-01-21 05:54AM UTC
The pair couldn’t manage to breach above 1.3560 level, to show some slight bearish bias, and might go to visit the key support level at 1.3505 affected by stochastic negativity.
Now, we need to monitor the price behavior according to the above mentioned levels, as breaching above 1.3560 will open the way to rise towards 1.3620 followed by 1.3690 levels, while breaking the support will push the price to head to 1.3415 then 1.3315 areas.
Expected trading range for today is between: 1.3470 support and 1.3620 resistance.
Expected trend for today: Depends on the above mentioned levels
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