EUR/USD Morning Technical Report 14/1/2014
ecPulse
2014-01-14 09:01AM UTC
The pair traded weakly to the downside yesterday but remained limited above the key support of the ascending channel as showing on graph. Based on the technical analysis, if trading remained within the ascending channel we stay positive and expect an upside move unless the pair breaks 1.3520 levels represented in 61.8% correction showing on graph.
Over intraday basis, stabilizing above 1.3590 will support these expectations.
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