Pairs Trading in Break Up Position (GMT-12.10)
EURUSD pair trades with clear positive since morning trade, has good Support in lower level. The pair need some direction trade to determine, because this pair still moving between the support and resistance level now ( 1.3335 and 1.3295.) .
Absolute Trend is Bullish
The pair trading in very vital zone.Need Some Break out Trades either side .If EURUSD break yesterday resistance level 1.3352 , may go towards 1.3370, 1.3400, 1.3415 .But if it failure to break yesterday's resistance , it may fall again and shall hit 1.3260 level in inter day trading.