Midday Report

The euro versus dollar pair is trading within a very narrow range since this morning, emerging positive crossover signs on Stochastic, are supporting our morning expectations forachieving an intraday incline targeting 1.4650with thebase on 1.4250 support level. Our morning expectations remain as is, as long as the four-hour closings areabove 1.4250.

The trading range for today is among the key support at 1.3975 and the key resistance at 1.4650.

The general trend is to the downside as far as 1.4720 remains intact with targets at 1.2120.

RecommendationOur morning expectation remains valid