EUR USD settles below the recent low 08/07/2013
Economies.com
2013-07-08 05:21AM UTC
The pair continued to trade negatively hitting our recently suggested target at 1.2840, noting the stability below this level, which hints into more preferred bearish actions in the upcoming period, and the next target is located at 1.2745
Breaching 1.2840 and settling above it will postpone achieving the expected bearish trend and will lead into some positive fluctuations.
Expected trading range for today is between: 1.2700 support and 1.2920 resistance.
Expected trend for today: Bearish
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