EUR USD activates the positive effect 22/11/2012

Economies.com
2012-11-22 05:54AM UTC

The pair was able to breach 1.2800 and settled with daily close above it to activate the waited positive scenario, and we noticed the attempts to settle above the minor bullish resistance shown in the picture.

 

The waited targets for today begin at 1.2910 followed by 1.3000, with being aware that breaching 1.2800 followed by 1.2785 will delay achieving the waited targets.

 

Expected trading range for today is between: 1.2700 support and 1.3000 resistance.

 

Expected trend for today: Bullish

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