EUR USD still stuck 02/01/2014

Economies.com
2014-01-02 06:48AM UTC

The pair remains fluctuating in sideways range between the confirmation trend levels which are represented by 1.3690 support and the resistance that rises now to 1.3855, while Stochastic attempts to provide support for the intraday trading.

 

In general, our neutral attitude will remain valid until the price manages to surpass one of the mentioned levels, pointing that the low trading volume still controls the markets generally, which causes the last recent trading.

 

Expected trading range for today is between: 1.3655 support and 1.3900 resistance.

 

Expected trend for today: Neutral

 

 

 

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