| Non- trending transitions to trending
The EURUSD traded in a 117 pip range in the last week. That represents the most narrow trading week going back to December 21, 2014. When ranges are narrow, the market is unsure of the direction it wants to go. That will logjam is eventually broken – one way or the other. In this video, Greg Michalowski, Director of Client Education for Forexlive, breaks down the key levels that will give a bullish or bearish bias clue and the targets we might expect on a break away. |
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