EUR USD provides positive stability 22/07/2013
Economies.com
2013-07-21 23:58PM UTC
The pair managed to achieve a daily close above 1.3125, providing an initial positive signal that supports the continuation of the bullish trend, while the pair is forming an ascending triangle pattern, where its confirmation level is located at 1.3175, which means that breaching it will provide the most important motive to push the price initially towards 1.3400
The EMA50 continues its support for the price from below, which encourages us to prefer positive trading in the upcoming period, while achieving it requires holding initially above 1.3060
Expected trading range for today is between: 1.3060 support and 1.3300 resistance.
Expected trend for today: Bullish
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