Midday update for EUR USD 09/01/2014

Economies.com
2014-01-09 11:25AM UTC

The pair provided slight positive trading to retest 1.3620, and holding below it keeps the suggested bearish bias scenario valid for today, reminding you that our main waited target is located at 1.3505, and monitoring the price when reaching this level is important, due to the possibility of the expected bullish rebound from there.

 

Expected trading range for today is between: 1.3505 support and 1.3690 resistance.

 

Expected trend for today: Bearish

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