EUR/USD Morning Technical Report 9/1/2014
ecPulse
2014-01-09 07:44AM UTC
The pair dropped yesterday touching levels below 1.350 achieving the suggested stop-loss. The pair failed to stabilize below the referred to level and is trading again above the key support level of the ascending channel. We currently prefer to remain neutral, whereas we need to confirm failing to break the support by trading stably again above 1.3620 while breaking 1.3560 levels and confirming it by breaking 1.3520 will trigger a new bearish wave.
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