EUR USD keeps trading within the channel 03/04/2013
Economies.com
2013-04-03 05:34AM UTC
The bearish bias remains controlling the pair’s trading, moving now near the waited to be broken 1.2800, where yesterday’s suggested bearish trend scenario continues, waiting for the main target at 1.2725
The EMA50 keeps supporting the expected decline, while Stochastic provides clear oversold signals that might force the price to fluctuate in sideways range temporarily.
Expected trading range for today is between: 1.2700 support and 1.2875 resistance.
Expected trend for today: Bearish
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