Midday update for EUR USD 12/12/2013

Economies.com
2013-12-12 10:32AM UTC

The pair trades with bearish bias affected by Stochastic negativity, while the price remains stable above the bullish channel’s support, which makes us continue in our suggested overall positive expectations for today, which remain valid conditioned by the stability above 1.3710 – 1.3680

 

Expected trading range for today is between: 1.3710 support and 1.4000 resistance.

 

Expected trend for today: Bullish

 

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