Remember at the start of the day the EURUSD was in a 38 pip trading range. That range has now been extended to an above average of 94 pips (the average is 82 pips) - and it might not be over. Looking at the daily chart, the EURUSD has a head and shoulders look to it. The neckline cuts across at the 1.1256. That is still a ways off of course but if the momentum does continue, a break should solicit more selling. The low for the week is 1.1273. Remember... the range for the week is still only 114 pips (1/2 way through the week). That is the lowest range since Christmas week in 2014. So the chances are, that we ... READ MORE
