Midday update for EUR USD 23/01/2015
Economies.com
2015-01-23 11:34AM UTC
The EURUSD pair resumed its negative trading strongly to reach the thresholds of 1.1200 barrier, which supports the continuation of our bearish trend expectations efficiently for today, and we are waiting for the continuation of the bearish wave to reach the targeted psychological barrier at 1.1000.
We remind you that the suggested decline depends on the stability below 1.1415 and the most important below 1.1600.
Expected trading range for today is between: 1.1100 support and 1.1450 resistance.
Expected trend for today: Bearish
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