EUR USD in sideways range 29/01/2013
Economies.com
2013-01-29 05:43AM UTC
The pair traded in sideways range yesterday, and approached from 1.3485 which continue to form a solid resistance barrier that prevents the continuation of the upside trend until now.
Stochastic attempts to gain positive momentum in the recent sideways trading, and in general, we remain preferring the bullish trend on the intraday and short term trend, reminding you that this rising is conditioned by breaching the aforementioned resistance level besides holding above 1.3400.
Expected trading range for today is between: 1.3340 support and 1.3550 resistance.
Expected trend for today: Bullish
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