Midday update for EUR USD 21/02/2013

Economies.com
2013-02-21 11:02AM UTC

The pair is approaching from the main support levels between 1.3145 and 1.3175, and the negative pressure keeps pulling the price to the downside.

 

In general, we remind you that there is a potential upside bouncing from the mentioned level, taking into consideration that breaking below 1.3145 will open the way for suffering more losses on the short term basis.

 

Expected trading range for today is between: 1.3105 support and 1.3435 resistance.

 

Expected trend for today: Bearish

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