EUR USD pushes negatively 18/07/2013

Economies.com
2013-07-18 00:59AM UTC

The pair closed yesterday’s trading with bearish bias, closing the dialy candlestick at 1.3125, keeping the chances valid for the return of the intraday bullish trend, where we are waiting for targets that extend towards 1.3400, conditioned by breaching 1.3200 besides holding above 1.3125 and the most important above 1.3060.

 

The EMA50 supports the positive chances, besides Stochastic heading towards the oversold areas.

 

Expected trading range for today is between: 1.3060 support and 1.3300 resistance.

 

Expected trend for today: Bullish

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