Midday update for EUR USD 08/07/2013
Economies.com
2013-07-08 10:33AM UTC
The pair trades with slight bullish bias since morning attempting to step above 1.2840, while our morning issued expectations continue with a general expected bearish bias as long as the daily closes are stable below the mentioned level.
Note that Stochastic positivity interprets the reasons of the current bullish bias.
Expected trading range for today is between: 1.2700 support and 1.2920 resistance.
Expected trend for today: Bearish
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