Range only 39 pips (71 pips is the 22 day average).
The EURUSD remains in a narrow trading range for the 2nd straight day. The low to high trading range is only 39 pips. Yesterday the range was also 39 pips. The price has extended the trading range for the week, but it is only 46 pips through 1 2/3 days. We are trading in the middle of the range today (1.0654 is the midpoint). Although things are not moving, it does not mean they won’t in the future.
Forex technical analysis: EURUSD still having trouble making much of a move
