EUR USD under more pressure 20/05/2013
Economies.com
2013-05-20 05:44AM UTC
The pair touched 1.2800 last Friday, fluctuating in sideways range near this level, where it is affected by Stochastic current positivity.
In general, our bearish trend expectations remain valid and active, depending on the stability below 1.2990 and supported by the EMA50, and the waited main targets are located at 1.2725, reminding you that monitoring the price when reaching this level, due to its importance in detecting the next trend.
Expected trading range for today is between: 1.2700 support and 1.2940 resistance.
Expected trend for today: Bearish
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