Where's the Dollar Headed?
- Dollar continues to trade in a narrow range versus major FX counterparts
- We’re keeping a close eye on the monthly opening range in various USD pairs
- Watch the video above and charts below for full details of what we’re watching
Euro Needs to Close Beyond Monthly Opening Range to Take Confidence in Direction
Source: FXCM Trading Station Desktop, Prepared by David Rodriguez
--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com David specializes in automated trading strategies. Find out more about our automated sentiment-based strategies on DailyFX PLUS.
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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.