Extending the range
When NY traders entered for the day, the EURUSD had a 33 pip trading range. That ain’t a lot. The better ADP has the pair focusing on the the dollar/Fed/stronger employment on Friday and so the range has now been extended to 50 or so pips. To give you an idea, the average is about 95 pips over the last 22 days.
Forex technical analysis: EURUSD playing some catchup. Trades at day lows
