Midday update for EUR USD 16/09/2014
Economies.com
2014-09-16 10:54AM UTC
The tight range remains the dominant on the EURUSD pair, which remains confined within the morning mentioned rising wedge, waiting for breaking its support at 1.2920 to reinforce the chances of the bearish bias continuation for today.
Therefore, our bearish trend expectations will remain valid and active unless breaching 1.3010 level and holding above it.
Expected trading range for today is between: 1.2800 support and 1.3010 resistance.
Expected trend for today: Bearish
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