Go ahead and open up your EURUSD chart and take a look. EURUSD has been constantly ignoring 1.3500. Look back to the beginning of February and you will notice that the bottom of the range is 1.3440 with the top at 1.3840. So will EURUSD be breaking out of this range? I don’t think so. There just hasn’t been a strong enough fundamental catalyst to break it out of its current range.
I would much rather […]