EUR USD returns to the positive attempts 13/01/2014

Economies.com
2014-01-13 06:13AM UTC

The pair rallied strongly to the upside on Friday, surpassing 1.3620 level and settles above it, approaching now from the key resistance at 1.3690, which forces us to turn back to neutrality as long as the price is stuck between the mentioned levels, waiting to breach one of them to get clearer signals for the next possible targets.

 

Breaching above 1.3690 will push the price towards 1.3805 initially, while breaking below 1.3620 will lead to target 1.3505 area again.

 

Expected trading range for today is between: 1.3560 support and 1.3805 resistance.

 

Expected trend for today: Depends on the above mentioned levels

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