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Technical Analysis- currency- First Binary Option Service

EUR/USD The pair remains trading in sideways range keeping its stability above the EMA50, which allows the bullish trend scenario to remain valid for today, waiting for breaching above 1.3415 to open the way towards more positive targets. We remind you that holding above 1.3295 and 1.3205 is important for the continuation of the positive expectations on the intraday and short term basis.

Expected trading range for today is between: 1.3265 support and 1.3500 resistance. Expected trend for today: Bullish GBP/USD The pair keeps fluctuating in tight range, and settles above 1.5900, while the EMA50 remains supporting the intraday trading, which keeps the chances of resuming the overall bullish trend valid, and we remind you that its continuation requires a clear breach above 1.5960 Breaking 1.5880 will lead to test the EMA50 which is located now at 1.5800 Expected trading range for today is between: 1.5800 support and 1.6100 resistance.

Expected trend for today: Bullish USD/JPY The pair remains stable below the EMA50, which represents a protection factor for our bearish trend intraday expectations, where we are waiting for visiting initially 98.00 You must be aware that breaching 99.30 will turn the intraday track towards the upside, to test the bullish channel’s resistance which is located now around 100.60 Expected trading range for today is between 97.95 support and 100.00 resistance. Expected trend for today: Bearish

Wednesday, 18 Sep, 2013 / 8:07

Source : https://www.firstbinaryoption.com

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