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Forex technical analysis: EURUSD in a tiny range

Discussion in 'Technical Analysis' started by ForexLive, Mar 1, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    38 pips from low to high The EURUSD is trading in a tiny range for the day of 38 pips. The low is 1.0855 and the high 1.0893. There was a 26 pip trading range on the US Thanksgiving Day holiday. In the Christmas day week, the range was near the range seen today. There were other times in the past when traders arrived for the NY session and the ranges were equally as narrow, but they expanded to something larger. That is what we look for today.

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