Midday update for EUR USD 05/02/2013
Economies.com
2013-02-05 11:00AM UTC
The pair’s trading bounced to the upside after the attempt to break below 1.3485 this morning, and settling above this level keeps the suggested positive scenario valid for the rest of today’s trading.
The pair still need to get rid of Stochastic negativity to be able to rally higher again and heads towards the waited targets mainly at 1.3825.
Expected trading range for today is between: 1.3385 support and 1.3700 resistance.
Expected trend for today: Bullish
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