Midday update for EUR USD 07/02/2013

Economies.com
2013-02-07 10:52AM UTC

The pair trades with clear positivity since morning moving away from 1.3500, where the preferred bullish trend scenario continues efficiently for today, noticing that stochastic is getting ready to provide a positive overlapping that adds more reinforcement for these expectations.

 

Note that holding above 1.3485 is important to keep the morning suggested scenario valid.

 

Expected trading range for today is between: 1.3450 support and 1.3750 resistance.

 

Expected trend for today: Bullish

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