EUR USD remains stuck 15/11/2012
Economies.com
2012-11-15 05:49AM UTC
The pair found a solid ceiling formed by EMA50 while the price attempts yesterday to move higher, that makes the trading remains limited between the critical levels which represented by 1.2800 as resistance and the previous breached falling wedge resistance level which turns now into support at 1.2700.
Therefore, we continue in neutrality for today too until the price surpasses one of the aforementioned levels and getting clearer signals for the trend.
Expected trading range for today is between: 1.2550 support and 1.2910 resistance.
Expected trend for today: Neutral
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