EUR USD is stable – Analysis - 21/04/2014

Economies.com
2014-04-21 05:52AM UTC

The EURUSD pair settles around the EMA50, and the trading is clearly weak due to the effect of the financial markets holidays, while in general, we are still keeping the overall bullish trend valid as it is, waiting for confirming breaching 1.3850 to open the way towards 1.4000 as a first main target.

 

Holding above 1.3780 is a main condition for achieving the suggested rise.

 

Expected trading range for today is between: 1.3750 support and 1.4000 resistance.

 

Expected trend for today: Bullish

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