The Euro was a bit neutral yesterday since it couldn't breach the major support level at 1.3520s and the key resistance at 1.3560s as well; where the main reason is referred to the low levels of volume. Nevertheless, the Euro still has the chance to accelerate to the upside as the technical indicators show. Hence the expected move for the Euro might be to the upside until the 1.3580s levels.
The trading range for today will be between the key resistance at 1.3620s and the key support at 1.3500.
The general trend is up as far as 1.3250 remains intact targets now at 1.3750 and 1.3870 target then at 1.4000.
buying Euro above 1.3530 with a target at 1.3585, stop loss below 1.3480.
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