EUR USD retests 03/06/2013

Economies.com
2013-06-03 05:24AM UTC

The pair retested 1.2970 level and the EMA50, and bounces to the upside to resume the previously expected positive trading, supported by stochastic, as we are waiting for upside targets begin at 1.3145 followed by 1.3245

 

Breaking below 1.2970-1.2950 will stop these positive expectations and bring back the negative pressure again.

 

Expected trading range for today is between: 1.2950 support and 1.3200 resistance.

 

Expected trend for today: Bullish

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