EURUSD

EUR/USD Continues to Remain Firmly Rooted in Familiar Price Range

EURUSD
EURUSD Hourly (H1) Chart

EUR/USD: The pair continues to remain firmly rooted in familiar price range as both sides of the pair continue to wage war for control. Firm USD in-market supported by caution dragged the pair below 1.1200 marks, but positive EU area data helped price recover back to mid-1.12 handle. Traders now await the US data and Fed Chair speech for short term profit opportunities.  

Please feel free to share your thoughts with us in the comments below.

Was this post helpful?