Play The 1.11-1.15 Range In EUR/USD - NAB

 

Under the current volatile environment we see EUR/USD mostly contained within a 1.11-1.15 range, rallying during risk off periods and selling when the world feels like a better place.

For now and barring a tail risk scenario, we see moved outside this range as short lived and we would treat them as as opportunity to enter a tactical trade.

Reason: