EUR USD in sideways range 24/01/2013

Economies.com
2013-01-24 05:44AM UTC

The sideways range remains controlling the pair’s trading, where it still nears from the EMA50, and generally, holding above this level and 1.3250 will keep the suggested bullish trend scenario in our recent reports valid.


Stochastic approaches from providing positive overlapping signals support our expectation for moving to the upside which is targeting initially 1.3485.


Expected trading range for today is between: 1.3250 support and 1.3485 resistance.


Expected trend for today: Bullish

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