EUR/USD Morning Technical Report 15/1/2014
ecPulse
2014-01-15 07:27AM UTC
The pair failed to extend trading above 1.3660 at 38.2% correction, as stability below it weakened the upside move but the pair is stable above the key support level of the ascending channel; therefore we hold on to our positive expectations. Stability above 1.3590 today will force us to expect a new attempt to the upside, but breaking this level is negative because it triggers negative signals on technical indicators
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