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EURUSD ping pongs in a narrow up and down range

The EURUSD has been chopping up and down in a fairly narrow trading range. The high to low trading range is only 47 pips. That compares to the average over the last 22 trading days of 92 pips (about a month of trading).

The low price today stalled near the high from December 30 near 1.07127. The pair then moved back higher and stalled just short of the high from yesterday at 1.07601. The high price reached 1.07587 on the run back up.

The price currently trades around the high go... Read More

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Content Topics

Eurusd

Ping

Pongs

Narrow

Down

Range

Forex

Posted: Jan 10 2023, 15:13

Author Name: forexlive

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