Performance for the Day
The EURUSD range continues today (the fourth day) as price moves tightly within the 1.1645 – 1.1529 area as traders awaits the next event that will inject fresh impetus into the market. As at the time of this post, EURUSD price is currently hovering at the 1.1585 area.
Tomorrow’s main events on the economic calendar are the Swiss National Bank Interest Rate Decision, Monetary Policy Report from the Bank of England and Governor Carney’s Speech..
Trade Levels to Watch
A strong break above the 1.1651 level will signal more bullish correction of the pair to the 1.1715 area. A strong break below the 1.1545 area will signal a bearish move of the pair to the 1.1515 area.
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