EUR USD still under pressure 27/03/2013
Economies.com
2013-03-27 05:31AM UTC
The pair’s trading settles around 1.2850, and the price remains affected by the negative pressure inside the bearish channel that appears in the image, which allows us to keep our bearish trend expectations, and our main target is testing 1.2725.
EMA50 continues in supporting the current bearish wave which remains valid unless 1.2990 was breached to the upside.
Expected trading range for today is between: 1.2725 support and 1.2925 resistance.
Expected trend for today: Bearish
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