2013/03/26
Euro/usd review 26-3-2013
Strong pair down yesterday to pay for the return and trading consistently below the price of 1.2900, and this is may cause continuation of the bearish trend, because the husband returned to trading within the descending channel. The first objective proposed price may be 1.2800, and breaking the level indicated it may cause along the downward trend. It is important to know that a return to trade consistently above the price of 1.2955 may bring positive again.
The trading range for today is among the support at 1.2725 and the resistance at 1.2995
The trading range for today is among the support at 1.2725 and the resistance at 1.2995
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