Market Expectations

EUR/USD : The support level 1.40600 for the Euro against U.S dollar seamed a very strong stand, which lead the pair to increase in corrective movement, the positive signals which was shown through Stochastic helped the pair to raise, we expect today that this corrective will continuo to the level 1.42000, but we must note that if the pair penetration the mentioned support level our expectation will be deleted.

resource: FXCBS