Midday update for EUR USD 22/07/2014
Economies.com
2014-07-22 10:45AM UTC
The EURUSD declined clearly to break below 1.3500 level, which opens the way towards more negative trading in the upcoming sessions, and the next target is visiting 1.3365 areas.
The EMA50 puts a negative pressure that supports the suggested decline, which remains valid unless breaching 1.3500 level and holding above it.
Expected trading range for today is between: 1.3400 support and 1.3630 resistance.
Expected trend for today: Bearish for the rest of the day
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