EURO USD Forex Trading Tips and Analysis for Day Traders
The pair once again tested the support area in early trading today after choppy trading yesterday.
The lows have been tested and appear to have succeeded in holding, which means the bias is upwards for today.
The support range is between 1.3880-1.3870. A drop below will likely test 1.3830 and 1.3800. A break below 1.3800 will likely test mid-June lows at 1.3750.
Resistance is at 1.3950, 1.3980-1.3990, and yesterdays high at 1.4050.
Forex Analysis by Dr. Sivaraman at ForexPros. com. For more details about Forex Trading and Tips for decent earnings through Forex Trading, Please check forexpros. com