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Forex technical analysis: EURUSD takes a back seat today. US employment the focus.

Discussion in 'Technical Analysis' started by ForexLive, Nov 6, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    The GBPUSD is the "Belle of the Ball" today The EURUSD is taking a back seat to the GBPUSD move today. The pair has a below average trading range of 63 pips vs. 97 pips for the 22 day average. The high has stalled below the 1.0900 level (high reached 1.0896) which is a good place to stop. The 1.0896 level was the low from October 28th (FOMC meeting day).

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