EURUSD weaker on the day but not racing on the US GDP data

Discussion in 'Technical Analysis' started by ForexLive, Apr 28, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    The trading is a bit random. Is there any technical clues for the pair Looking at the EURUSD, the price action through the central bank decisions and now the US GDP release has created an up and down monster with an overall positive bias. Having said that, there are plenty of opportunity to lose money in the up and down swings that may not travel far (the by up and down range over the last 7 hours has been about 30 pips). If you like that kind of market, you are having a field day selling the high and buying the low.

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