Making some sense of the EURUSD chop
If you looked at the price action of the EURUSD through the first 3 days of the week you would see a bunch of red candles (down), and green candles (up). Some spikes and failures on the topside and the downside.  Today the range is more confined but equally as choppy. Oh yea, the range is 64 pips in the midst of the ugly action. That is for the week. We are half way through the week.