Midday update for EUR USD 01/07/2013

Economies.com
2013-07-01 10:35AM UTC

The pair shows positive trading to test 1.3060 now, while we still waiting for a confirmation for the next price trend through monitoring the morning mentioned levels.

 

Stochastic interprets the current positive trading, while EMA50 puts a continuous negative pressure on the intraday trading.

 

Expected trading range for today is between: 1.2900 support and 1.3175 resistance.

 

Expected trend for today: Depends on the above mentioned levels

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